Brazil shares higher at close of trade; Bovespa up 0.04%

Investing.com – Brazil equities were higher at the close on Wednesday, as gains in the Electric Power , Public Utilities and Consumption sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa gained 0.04%.

The biggest gainers of the session on the Bovespa were Braskem SA (SA: BRKM5 ), which rose 6.70% or 2.82 points to trade at 44.94 at the close. Petroleo Brasileiro SA PN (SA: PETR4 ) added 4.82% or 0.73 points to end at 15.87 and Petroleo Brasileiro SA (SA: PETR3 ) was up 3.80% or 0.60 points to 16.38 in late trade.

Biggest losers included WEG SA (SA: WEGE3 ), which lost 3.37% or 0.79 points to trade at 22.66 in late trade. Cia Siderurgica Nacional SA (SA: CSNA3 ) declined 3.21% or 0.35 points to end at 10.55 and Cielo SA (SA: CIEL3 ) shed 2.49% or 0.56 points to 21.92.

Declining stocks outnumbered rising ones by 208 to 182 and 34 ended unchanged on the Sao Paulo Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 1.02% to 28.68.

In commodities trading, Gold Futures for December delivery was down 0.50% or 6.59 to $1304.01 a troy ounce. Meanwhile, Crude oil for delivery in November rose 1.60% or 0.80 to hit $50.70 a barrel, while the December US coffee C contract rose 1.10% or 1.48 to trade at $136.38 .

USD/BRL was down 0.15% to 3.1300, while EUR/BRL fell 0.98% to 3.7245.

The US Dollar Index Futures was up 0.63% at 92.20.