Investing.com – Brazil equities were higher at the close on Wednesday, as gains in the Basic Materials, Industrials and Consumption sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa added 1.54% to hit a new 52-week high.
The biggest gainers of the session on the Bovespa were JBS SA (SA:JBSS3), which rose 6.19% or 0.75 points to trade at 12.86 at the close. Qualicorp SA (SA:QUAL3) added 4.27% or 0.84 points to end at 20.51 and Cosan SA Industria e Comercio (SA:CSAN3) was up 4.15% or 1.58 points to 39.68 in late trade.
Biggest losers included BB Seguridade Participacoes SA (SA:BBSE3), which lost 1.47% or 0.45 points to trade at 30.11 in late trade. Cielo SA (SA:CIEL3) declined 0.81% or 0.27 points to end at 33.21 and CPFL Energia SA (SA:CPFE3) shed 0.25% or 0.06 points to 24.14.
Advancing stocks outnumbered falling ones by 217 to 131 and 27 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.35% to 35.26.
In commodities trading, Gold for December delivery was up 0.01% or 0.10 to $1269.80 a troy ounce. Meanwhile, Crude oil for delivery in November rose 2.16% or 1.05 to hit $49.74 a barrel, while the December US coffee C contract rose 0.42% or 0.62 to trade at $148.32 .
USD/BRL was down 1.18% to 3.2193, while EUR/BRL fell 1.16% to 3.6080.
The US Dollar Index was up 0.03% at 96.13.