Brazil shares higher at close of trade; Bovespa up 0.45%

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

At the close in Sao Paulo, the Bovespa gained 0.45% to hit a new all time high.

The biggest gainers of the session on the Bovespa were Cielo SA (SA: CIEL3 ), which rose 7.98% or 0.75 points to trade at 10.15 at the close. Bradespar SA (SA: BRAP4 ) added 6.76% or 2.02 points to end at 31.92 and Vale SA (SA: VALE3 ) was up 6.51% or 3.19 points to 52.19 in late trade.

Biggest losers included Embraer SA (SA: EMBR3 ), which lost 5.02% or 1.10 points to trade at 20.80 in late trade. Lojas Renner SA (SA: LREN3 ) declined 3.84% or 1.65 points to end at 41.35 and B2W Cia Digital (SA: BTOW3 ) shed 3.31% or 1.44 points to 42.00.

Advancing stocks outnumbered falling ones by 244 to 182 and 34 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 4.17% to 34.48.

In commodities trading, Gold Futures for February delivery was down 0.63% or 8.10 to $1286.70 a troy ounce. Meanwhile, Crude oil for delivery in February rose 2.21% or 1.04 to hit $48.13 a barrel, while the March US coffee C contract fell 0.49% or 0.50 to trade at $101.65 .

USD/BRL was down 1.07% to 3.7163, while EUR/BRL fell 0.99% to 4.2369.

The US Dollar Index Futures was down 0.14% at 95.743.