Brazil shares higher at close of trade; Bovespa up 0.63%

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

At the close in Sao Paulo, the Bovespa gained 0.63%.

The biggest gainers of the session on the Bovespa were Centrais Eletricas Brasileiras SA (SA: ELET3 ), which rose 4.73% or 0.70 points to trade at 15.51 at the close. BR Malls Participacoes SA (SA: BRML3 ) added 3.76% or 0.34 points to end at 9.39 and Cvc Brasil ON (SA: CVCB3 ) was up 2.97% or 1.15 points to 39.81 in late trade.

Biggest losers included Smiles Fidelidade SA (SA: SMLS3 ), which lost 4.81% or 2.11 points to trade at 41.76 in late trade. BRF SA (SA: BRFS3 ) declined 3.61% or 0.78 points to end at 20.85 and Embraer SA (SA: EMBR3 ) shed 3.29% or 0.66 points to 19.39.

Declining stocks outnumbered rising ones by 206 to 188 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 0.51% to 52.77.

In commodities trading, Gold Futures for December delivery was up 0.78% or 9.40 to $1211.60 a troy ounce. Meanwhile, Crude oil for delivery in October rose 1.49% or 1.03 to hit $70.28 a barrel, while the December US coffee C contract rose 2.07% or 2.08 to trade at $102.38 .

USD/BRL was down 0.10% to 4.1484, while EUR/BRL rose 0.09% to 4.8240.

The US Dollar Index Futures was down 0.26% at 94.80.