Brazil shares higher at close of trade; Bovespa up 0.48%

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

At the close in Sao Paulo, the Bovespa added 0.48%.

The biggest gainers of the session on the Bovespa were Centrais Eletricas Brasileiras SA (SA: ELET6 ), which rose 5.97% or 1.42 points to trade at 25.19 at the close. Centrais Eletricas Brasileiras SA (SA: ELET3 ) added 5.47% or 1.13 points to end at 21.78 and Smiles Fidelidade SA (SA: SMLS3 ) was up 5.38% or 1.95 points to 38.20 in late trade.

Biggest losers included Gerdau SA Pref (SA: GGBR4 ), which lost 2.78% or 0.43 points to trade at 15.06 in late trade. MRV Engenharia e Participacoes SA (SA: MRVE3 ) declined 2.10% or 0.26 points to end at 12.13 and Estacio Participacoes SA (SA: ESTC3 ) shed 2.06% or 0.45 points to 21.44.

Advancing stocks outnumbered falling ones by 283 to 167 and 43 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 0.53% to 41.56.

In commodities trading, Gold Futures for December delivery was down 0.05% or 0.60 to $1229.50 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.96% or 0.66 to hit $69.31 a barrel, while the December US coffee C contract fell 0.16% or 0.20 to trade at $121.85 .

USD/BRL was down 0.11% to 3.7205, while EUR/BRL rose 0.43% to 4.2826.

The US Dollar Index Futures was down 0.31% at 95.42.