Brazil shares higher at close of trade; Bovespa up 0.79%

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

At the close in Sao Paulo, the Bovespa gained 0.79% to hit a new all time high.

The biggest gainers of the session on the Bovespa were Natura Cosmeticos SA (SA: NATU3 ), which rose 5.81% or 2.53 points to trade at 46.05 at the close. Centrais Eletricas Brasileiras SA (SA: ELET6 ) added 5.22% or 1.77 points to end at 35.69 and Centrais Eletricas Brasileiras SA (SA: ELET3 ) was up 4.56% or 1.41 points to 32.36 in late trade.

Biggest losers included Embraer SA (SA: EMBR3 ), which lost 2.93% or 0.60 points to trade at 19.87 in late trade. Smiles Fidelidade SA (SA: SMLS3 ) declined 2.63% or 1.14 points to end at 42.20 and Kroton Educacional SA (SA: KROT3 ) shed 2.48% or 0.26 points to 10.21.

Advancing stocks outnumbered falling ones by 257 to 171 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 4.02% to 30.05 a new 6-month low.

In commodities trading, Gold Futures for February delivery was down 0.87% or 11.25 to $1281.05 a troy ounce. Meanwhile, Crude oil for delivery in February rose 3.32% or 1.73 to hit $53.80 a barrel, while the March US coffee C contract rose 2.98% or 3.05 to trade at $105.45 .

USD/BRL was up 0.04% to 3.7517, while EUR/BRL fell 0.22% to 4.2633.

The US Dollar Index Futures was up 0.34% at 96.042.