Brazil shares higher at close of trade; Bovespa up 0.51%

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Brazil shares higher at close of trade; Bovespa up 0.51%
Credit: © Reuters.

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

At the close in Sao Paulo, the Bovespa added 0.51%.

The biggest gainers of the session on the Bovespa were RUMO Logistica Operadora Multimodal SA (SA: RAIL3 ), which rose 4.93% or 0.67 points to trade at 14.27 at the close. Estacio Participacoes SA (SA: ESTC3 ) added 3.98% or 1.34 points to end at 35.05 and Localiza Rent a Car SA (SA: RENT3 ) was up 3.95% or 0.98 points to 25.78 in late trade.

Biggest losers included BRF SA (SA: BRFS3 ), which lost 3.15% or 1.15 points to trade at 35.35 in late trade. Fibria Celulose SA (SA: FIBR3 ) declined 2.82% or 1.59 points to end at 54.88 and Qualicorp SA (SA: QUAL3 ) shed 2.52% or 0.79 points to 30.59.

Advancing stocks outnumbered falling ones by 283 to 191 and 29 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 0.14% to 29.47.

In commodities trading, Gold Futures for February delivery was up 0.80% or 10.70 to $1346.10 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.53% or 0.34 to hit $64.84 a barrel, while the March US coffee C contract fell 0.11% or 0.14 to trade at $122.03 .

USD/BRL was up 0.14% to 3.1863, while EUR/BRL rose 0.25% to 3.9553.

The US Dollar Index Futures was down 0.11% at 88.92.

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