Investing.com – Brazil equities were higher at the close on Friday, as gains in the Basic Materials, Financials and Industrials sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa rose 1.54% to hit a new 5-year high.
The biggest gainers of the session on the Bovespa were Usinas Siderurgicas de Minas Gerais (SA:USIM5), which rose 10.30% or 0.71 points to trade at 7.60 at the close. Cia Siderurgica Nacional SA (SA:CSNA3) added 6.67% or 0.58 points to end at 9.27 and Gerdau SA Pref (SA:GGBR4) was up 6.24% or 0.74 points to 12.59 in late trade.
Biggest losers included Qualicorp SA (SA:QUAL3), which lost 2.47% or 0.86 points to trade at 33.99 in late trade. Multiplan SA (SA:MULT3) declined 1.11% or 0.81 points to end at 72.28 and BR Malls Participacoes SA (SA:BRML3) shed 1.03% or 0.14 points to 13.46.
Advancing stocks outnumbered falling ones by 253 to 144 and 38 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.38% to 24.64.
In commodities trading, Gold Futures for December delivery was up 0.61% or 8.01 to $1330.21 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.15% or 0.07 to hit $47.30 a barrel, while the December US coffee C contract fell 0.15% or 0.19 to trade at $128.88 .
USD/BRL was down 0.19% to 3.1430, while EUR/BRL fell 0.57% to 3.7274.
The US Dollar Index Futures was up 0.24% at 92.81.