Brazil shares higher at close of trade; Bovespa up 1.73%

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

At the close in Sao Paulo, the Bovespa gained 1.73%.

The biggest gainers of the session on the Bovespa were EcoRodovias SA (SA: ECOR3 ), which rose 8.36% or 0.59 points to trade at 7.65 at the close. Centrais Eletricas Brasileiras SA (SA: ELET6 ) added 6.44% or 1.14 points to end at 18.83 and WEG SA (SA: WEGE3 ) was up 4.95% or 0.92 points to 19.49 in late trade.

Biggest losers included Cielo SA (SA: CIEL3 ), which lost 4.01% or 0.59 points to trade at 14.12 in late trade. Viavarejo Unt (SA: VVAR11 ) declined 2.73% or 0.40 points to end at 14.25 and Kroton Educacional SA (SA: KROT3 ) shed 1.02% or 0.10 points to 9.70.

Advancing stocks outnumbered falling ones by 230 to 191 and 38 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 1.73% to 50.98.

In commodities trading, Gold Futures for December delivery was up 0.37% or 4.40 to $1205.70 a troy ounce. Meanwhile, Crude oil for delivery in October fell 1.12% or 0.77 to hit $67.95 a barrel, while the December US coffee C contract fell 1.26% or 1.30 to trade at $102.20 .

USD/BRL was down 2.03% to 4.0633, while EUR/BRL fell 1.99% to 4.7251.

The US Dollar Index Futures was down 0.12% at 94.96.