Investing.com – Brazil equities were higher at the close on Wednesday, as gains in the Financials, Public Utilities and Electric Power sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa added 3.54% to hit a new all time high.
The biggest gainers of the session on the Bovespa were Centrais Eletricas Brasileiras SA (SA:ELET3), which rose 20.72% or 5.02 points to trade at 29.25 at the close. Centrais Eletricas Brasileiras SA (SA:ELET6) added 14.52% or 4.09 points to end at 32.26 and Cia de Saneamento Basico do Estado (SA:SBSP3) was up 9.11% or 2.87 points to 34.37 in late trade.
Biggest losers included Log Commercial Properties e Participacoes SA (SA:LOGG3), which lost 6.49% or 1.17 points to trade at 16.85 in late trade. EDP - Energias do Brasil SA (SA:ENBR3) declined 3.86% or 0.57 points to end at 14.18 and Bradespar SA (SA:BRAP4) shed 1.77% or 0.56 points to 31.13.
Advancing stocks outnumbered falling ones by 334 to 136 and 26 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.94% to 35.93.
In commodities trading, Gold Futures for February delivery was up 0.14% or 1.85 to $1283.15 a troy ounce. Meanwhile, Crude oil for delivery in February rose 2.47% or 1.12 to hit $46.53 a barrel, while the March US coffee C contract fell 2.16% or 2.20 to trade at $99.65 .
USD/BRL was down 2.33% to 3.7900, while EUR/BRL fell 3.33% to 4.2998.
The US Dollar Index Futures was up 0.69% at 96.393.