Brazil shares higher at close of trade; Bovespa up 0.43%

Investing.com – Brazil equities were higher at the close on Friday, as gains in the Basic Materials , Industrials and Real Estate sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa rose 0.43%.

The biggest gainers of the session on the Bovespa were Usinas Siderurgicas de Minas Gerais (SA: USIM5 ), which rose 6.39% or 0.62 points to trade at 10.32 at the close. Cia Siderurgica Nacional SA (SA: CSNA3 ) added 5.91% or 0.57 points to end at 10.22 and Vale SA (SA: VALE3 ) was up 5.82% or 1.81 points to 32.91 in late trade.

Biggest losers included Companhia Brasileira deDistribuicao (SA: PCAR4 ), which lost 3.96% or 3.20 points to trade at 77.65 in late trade. Cia de Saneamento Basico do Estado (SA: SBSP3 ) declined 3.25% or 1.09 points to end at 32.41 and Lojas Americanas SA (SA: LAME4 ) shed 3.22% or 0.64 points to 19.22.

Declining stocks outnumbered rising ones by 206 to 195 and 40 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 5.77% to 27.27 a new 1-month low.

In commodities trading, Gold Futures for December delivery was up 0.69% or 8.90 to $1305.40 a troy ounce. Meanwhile, Crude oil for delivery in November rose 1.60% or 0.81 to hit $51.41 a barrel, while the December US coffee C contract rose 0.09% or 0.11 to trade at $126.53 .

USD/BRL was down 0.78% to 3.1457, while EUR/BRL fell 0.84% to 3.7186.

The US Dollar Index Futures was down 0.02% at 92.92.