Investing.com – Brazil equities were higher at the close on Wednesday, as gains in the Basic Materials, Industrials and Telecoms sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa rose 0.11%.
The biggest gainers of the session on the Bovespa were Cia Siderurgica Nacional SA (SA:CSNA3), which rose 5.23% or 0.45 points to trade at 9.06 at the close. Petroleo Brasileiro SA (SA:PETR3) added 3.09% or 0.35 points to end at 11.69 and Bradespar SA (SA:BRAP4) was up 3.08% or 0.28 points to 9.38 in late trade.
Biggest losers included Estacio Participacoes SA (SA:ESTC3), which lost 3.96% or 0.66 points to trade at 16.00 in late trade. Cia Energetica de Minas Gerais (SA:CMIG4) declined 3.08% or 0.24 points to end at 7.56 and BR Malls Participacoes SA (SA:BRML3) shed 2.55% or 0.33 points to 12.62.
Declining stocks outnumbered rising ones by 149 to 144 and 26 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.43% to 37.82.
In commodities trading, Gold for August delivery was up 0.50% or 6.80 to $1365.50 a troy ounce. Meanwhile, Crude oil for delivery in August rose 2.47% or 1.15 to hit $47.75 a barrel, while the September US coffee C contract fell 1.56% or 2.27 to trade at $143.35 .
USD/BRL was up 1.05% to 3.3381, while EUR/BRL rose 1.27% to 3.7055.
The US Dollar Index was down 0.14% at 96.14.