Investing.com – Brazil equities were higher at the close on Friday, as gains in the Financials, Real Estate and Electric Power sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa added 1.42% to hit a new 1-month high.
The biggest gainers of the session on the Bovespa were Estacio Participacoes SA (SA:ESTC3), which rose 7.40% or 1.82 points to trade at 26.43 at the close. Banco Bradesco SA (SA:BBDC3) added 4.80% or 1.26 points to end at 27.50 and Centrais Eletricas Brasileiras SA (SA:ELET3) was up 5.63% or 0.92 points to 17.27 in late trade.
Biggest losers included Suzano Papel e Celulose SA (SA:SUZB3), which lost 5.21% or 2.19 points to trade at 39.81 in late trade. Tim Participacoes SA (SA:TIMP3) declined 3.31% or 0.45 points to end at 13.15 and Fibria Celulose SA (SA:FIBR3) shed 2.26% or 1.66 points to 71.64.
Advancing stocks outnumbered falling ones by 275 to 164 and 24 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 3.24% to 32.23.
In commodities trading, Gold Futures for August delivery was up 0.56% or 6.90 to $1230.90 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.18% or 0.12 to hit $68.12 a barrel, while the September US coffee C contract rose 2.20% or 2.39 to trade at $110.97 .
USD/BRL was down 1.43% to 3.7766, while EUR/BRL fell 0.72% to 4.4264.
The US Dollar Index Futures was down 0.80% at 94.22.