Investing.com – Brazil equities were higher at the close on Wednesday, as gains in the Real Estate, Financials and Electric Power sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa rose 0.99%.
The biggest gainers of the session on the Bovespa were EcoRodovias SA (SA:ECOR3), which rose 4.62% or 0.39 points to trade at 8.84 at the close. Localiza Rent a Car SA (SA:RENT3) added 4.00% or 1.51 points to end at 39.26 and Braskem SA (SA:BRKM5) was up 3.24% or 1.06 points to 33.81 in late trade.
Biggest losers included Embraer SA (SA:EMBR3), which lost 3.00% or 0.54 points to trade at 17.47 in late trade. Estacio Participacoes SA (SA:ESTC3) declined 2.75% or 0.40 points to end at 14.15 and Kroton Educacional SA (SA:KROT3) shed 2.64% or 0.34 points to 12.55.
Advancing stocks outnumbered falling ones by 196 to 158 and 32 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 5.36% to 26.31 a new 52-week low.
In commodities trading, Gold Futures for April delivery was up 0.43% or 5.35 to $1241.45 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.56% or 0.29 to hit $52.46 a barrel, while the March US coffee C contract rose 0.27% or 0.39 to trade at $143.12 .
USD/BRL was down 0.16% to 3.1155, while EUR/BRL fell 0.08% to 3.3297.
The US Dollar Index Futures was down 0.14% at 100.25.