Brazil shares higher at close of trade; Bovespa up 0.98%

Investing.com – Brazil equities were higher at the close on Friday, as gains in the Financials , Real Estate and Consumption sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa added 0.98% to hit a new 1-month high.

The biggest gainers of the session on the Bovespa were Raia Drogasil SA (SA: RADL3 ), which rose 5.13% or 3.65 points to trade at 74.75 at the close. Multiplan SA (SA: MULT3 ) added 4.30% or 2.44 points to end at 59.13 and Cvc Brasil ON (SA: CVCB3 ) was up 4.37% or 1.81 points to 43.25 in late trade.

Biggest losers included Ultrapar Participacoes SA (SA: UGPA3 ), which lost 5.32% or 2.41 points to trade at 42.93 in late trade. Embraer SA (SA: EMBR3 ) declined 4.62% or 1.00 points to end at 20.66 and Cia Paranaense de Energia (SA: CPLE6 ) shed 1.89% or 0.41 points to 21.32.

Advancing stocks outnumbered falling ones by 252 to 183 and 27 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 1.29% to 32.96.

In commodities trading, Gold Futures for August delivery was down 0.41% or 5.10 to $1241.50 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.47% or 0.33 to hit $70.66 a barrel, while the September US coffee C contract fell 1.57% or 1.75 to trade at $109.97 .

USD/BRL was down 0.73% to 3.8540, while EUR/BRL fell 0.60% to 4.5037.

The US Dollar Index Futures was down 0.12% at 94.46.