Investing.com – Brazil equities were higher at the close on Wednesday, as gains in the Financials, Public Utilities and Consumption sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa gained 3.72% to hit a new all time high.
The biggest gainers of the session on the Bovespa were Centrais Eletricas Brasileiras SA (SA:ELET6), which rose 9.69% or 2.00 points to trade at 22.65 at the close. Viavarejo Unt (SA:VVAR11) added 8.85% or 2.14 points to end at 26.33 and Magazine Luiza SA (SA:MGLU3) was up 8.13% or 6.09 points to 80.99 in late trade.
Biggest losers included Fibria Celulose SA (SA:FIBR3), which lost 3.43% or 1.89 points to trade at 53.23 in late trade. Suzano Papel e Celulose SA (SA:SUZB3) declined 0.95% or 0.20 points to end at 20.89 and Cielo SA (SA:CIEL3) shed 0.92% or 0.25 points to 27.00.
Advancing stocks outnumbered falling ones by 298 to 164 and 25 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 21.02% to 27.02.
In commodities trading, Gold Futures for February delivery was up 1.61% or 21.50 to $1358.20 a troy ounce. Meanwhile, Crude oil for delivery in March rose 2.19% or 1.41 to hit $65.88 a barrel, while the March US coffee C contract rose 1.16% or 1.40 to trade at $122.28 .
USD/BRL was down 2.79% to 3.1467, while EUR/BRL fell 1.97% to 3.9015.
The US Dollar Index Futures was down 0.91% at 89.06.