Brazil shares higher at close of trade; Bovespa up 0.58%

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

At the close in Sao Paulo, the Bovespa rose 0.58%.

The biggest gainers of the session on the Bovespa were JBS SA (SA: JBSS3 ), which rose 4.21% or 0.40 points to trade at 9.90 at the close. EDP - Energias do Brasil SA (SA: ENBR3 ) added 2.51% or 0.34 points to end at 13.90 and Usinas Siderurgicas de Minas Gerais (SA: USIM5 ) was up 2.03% or 0.08 points to 4.02 in late trade.

Biggest losers included WEG SA (SA: WEGE3 ), which lost 2.63% or 0.46 points to trade at 17.05 in late trade. Tim Participacoes SA (SA: TIMP3 ) declined 1.47% or 0.15 points to end at 10.02 and Centrais Eletricas Brasileiras SA (SA: ELET3 ) shed 1.31% or 0.21 points to 15.76.

Advancing stocks outnumbered falling ones by 196 to 158 and 38 ended unchanged on the Sao Paulo Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 0.16% to 31.60.

In commodities trading, Gold Futures for June delivery was up 0.28% or 3.45 to $1256.75 a troy ounce. Meanwhile, Crude oil for delivery in May rose 1.10% or 0.57 to hit $52.27 a barrel, while the May US coffee C contract rose 1.80% or 2.48 to trade at $140.23 .

USD/BRL was up 0.15% to 3.1482, while EUR/BRL fell 0.17% to 3.3365.

The US Dollar Index Futures was up 0.44% at 101.05.