Investing.com – Brazil equities were higher at the close on Wednesday, as gains in the Real Estate, Financials and Public Utilities sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa added 2.04% to hit a new 3-month high.
The biggest gainers of the session on the Bovespa were Banco do Brasil SA (SA:BBAS3), which rose 9.07% or 2.85 points to trade at 34.28 at the close. Centrais Eletricas Brasileiras SA (SA:ELET6) added 8.64% or 1.69 points to end at 21.24 and Cyrela Brazil Realty SA (SA:CYRE3) was up 8.08% or 0.89 points to 11.90 in late trade.
Biggest losers included Suzano Papel e Celulose SA (SA:SUZB3), which lost 4.46% or 2.06 points to trade at 44.14 in late trade. Cielo SA (SA:CIEL3) declined 4.06% or 0.52 points to end at 12.28 and Klabin Unt (SA:KLBN11) shed 3.07% or 0.61 points to 19.29.
Advancing stocks outnumbered falling ones by 278 to 194 and 33 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.19% to 50.08.
In commodities trading, Gold Futures for December delivery was down 0.39% or 4.70 to $1202.30 a troy ounce. Meanwhile, Crude oil for delivery in November rose 1.32% or 0.99 to hit $76.22 a barrel, while the December US coffee C contract fell 1.30% or 1.40 to trade at $106.50 .
USD/BRL was down 1.31% to 3.8885, while EUR/BRL fell 1.69% to 4.4734.
The US Dollar Index Futures was up 0.38% at 95.49.