Brazil shares higher at close of trade; Bovespa up 0.74%

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

At the close in Sao Paulo, the Bovespa added 0.74% to hit a new all time high.

The biggest gainers of the session on the Bovespa were Viavarejo Unt (SA: VVAR11 ), which rose 5.08% or 1.34 points to trade at 27.70 at the close. Lojas Renner SA (SA: LREN3 ) added 3.81% or 1.33 points to end at 36.23 and Banco do Brasil SA (SA: BBAS3 ) was up 3.11% or 1.28 points to 42.40 in late trade.

Biggest losers included CCR SA (SA: CCRO3 ), which lost 3.61% or 0.55 points to trade at 14.70 in late trade. EcoRodovias SA (SA: ECOR3 ) declined 2.93% or 0.31 points to end at 10.27 and Suzano Papel e Celulose SA (SA: SUZB3 ) shed 2.85% or 0.65 points to 22.15.

Advancing stocks outnumbered falling ones by 208 to 204 and 42 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 3.09% to 28.89.

In commodities trading, Gold Futures for April delivery was up 0.08% or 1.00 to $1333.10 a troy ounce. Meanwhile, Crude oil for delivery in April rose 1.65% or 1.02 to hit $62.70 a barrel, while the May US coffee C contract rose 1.85% or 2.20 to trade at $121.12 .

USD/BRL was down 0.62% to 3.2488, while EUR/BRL fell 0.28% to 4.0043.

The US Dollar Index Futures was down 0.38% at 89.69.