Brazil shares higher at close of trade; Bovespa up 0.99%

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

At the close in Sao Paulo, the Bovespa added 0.99%.

The biggest gainers of the session on the Bovespa were Gol Linhas Aereas Inteligentes SA Pref (SA: GOLL4 ), which rose 5.26% or 1.10 points to trade at 22.00 at the close. JBS SA (SA: JBSS3 ) added 4.26% or 0.49 points to end at 12.00 and Suzano Papel e Celulose SA (SA: SUZB3 ) was up 3.53% or 1.28 points to 37.57 in late trade.

Biggest losers included Kroton Educacional SA (SA: KROT3 ), which lost 2.65% or 0.26 points to trade at 9.54 in late trade. Via Varejo SA (SA: VVAR3 ) declined 1.67% or 0.08 points to end at 4.70 and B3 SA Brasil Bolsa Balcao (SA: B3SA3 ) shed 1.60% or 0.45 points to 27.70.

Advancing stocks outnumbered falling ones by 234 to 197 and 37 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 4.45% to 32.65 a new 3-month low.

In commodities trading, Gold Futures for February delivery was down 0.30% or 3.70 to $1246.30 a troy ounce. Meanwhile, Crude oil for delivery in January rose 3.56% or 1.82 to hit $52.97 a barrel, while the March US coffee C contract rose 1.02% or 1.05 to trade at $104.10 .

USD/BRL was up 0.96% to 3.8927, while EUR/BRL rose 0.93% to 4.4240.

The US Dollar Index Futures was up 0.04% at 97.060.