Brazil shares higher at close of trade; Bovespa up 0.91%

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Brazil shares higher at close of trade; Bovespa up 0.91%
Credit: © Reuters. – Brazil equities were higher at the close on Friday, as gains in the Basic Materials , Financials and Electric Power sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa added 0.91%.

The biggest gainers of the session on the Bovespa were EDP - Energias do Brasil SA (SA: ENBR3 ), which rose 4.46% or 0.60 points to trade at 14.05 at the close. Centrais Eletricas Brasileiras SA (SA: ELET3 ) added 3.96% or 0.49 points to end at 12.87 and Smiles Fidelidade SA (SA: SMLS3 ) was up 3.52% or 1.65 points to 48.55 in late trade.

Biggest losers included Viavarejo Unt (SA: VVAR11 ), which lost 4.46% or 0.89 points to trade at 19.08 in late trade. Gol Linhas Aereas Inteligentes SA Pref (SA: GOLL4 ) declined 3.98% or 0.46 points to end at 11.09 and Cielo SA (SA: CIEL3 ) shed 3.46% or 0.55 points to 15.33.

Advancing stocks outnumbered falling ones by 237 to 171 and 34 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 4.26% to 34.59.

In commodities trading, Gold Futures for August delivery was up 0.09% or 1.20 to $1271.70 a troy ounce. Meanwhile, Crude oil for delivery in August rose 5.86% or 3.84 to hit $69.38 a barrel, while the September US coffee C contract rose 0.70% or 0.81 to trade at $117.03 .

USD/BRL was up 0.31% to 3.7783, while EUR/BRL rose 0.79% to 4.4060.

The US Dollar Index Futures was down 0.37% at 94.19.

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