Investing.com – Brazil equities were higher at the close on Thursday, as gains in the Financials, Public Utilities and Electric Power sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa gained 1.25%.
The biggest gainers of the session on the Bovespa were CEMIG - Companhia Energetica Minas Gerais Pref (SA:CMIG4), which rose 7.12% or 0.75 points to trade at 11.29 at the close. Cvc Brasil ON (SA:CVCB3) added 5.55% or 2.93 points to end at 55.74 and Ultrapar Participacoes SA (SA:UGPA3) was up 5.44% or 2.13 points to 41.31 in late trade.
Biggest losers included Ambev SA (SA:ABEV3), which lost 5.60% or 0.89 points to trade at 15.00 in late trade. Cosan SA Industria e Comercio (SA:CSAN3) declined 2.57% or 0.87 points to end at 32.99 and Cielo SA (SA:CIEL3) shed 2.44% or 0.30 points to 12.00.
Advancing stocks outnumbered falling ones by 270 to 136 and 37 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 3.79% to 44.65.
In commodities trading, Gold Futures for December delivery was up 0.50% or 6.20 to $1234.00 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.22% or 0.15 to hit $66.97 a barrel, while the December US coffee C contract rose 0.79% or 0.95 to trade at $121.20 .
USD/BRL was down 0.73% to 3.7056, while EUR/BRL fell 0.88% to 4.2133.
The US Dollar Index Futures was up 0.22% at 96.39.