Brazil shares higher at close of trade; Bovespa up 1.01%

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Brazil shares higher at close of trade; Bovespa up 1.01%
Credit: © Reuters. – Brazil equities were higher at the close on Friday, as gains in the Electric Power , Financials and Public Utilities sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa gained 1.01% to hit a new 1-month high.

The biggest gainers of the session on the Bovespa were Qualicorp SA (SA: QUAL3 ), which rose 8.27% or 2.05 points to trade at 26.85 at the close. Petroleo Brasileiro SA PN (SA: PETR4 ) added 4.25% or 0.63 points to end at 15.45 and Petroleo Brasileiro SA (SA: PETR3 ) was up 3.98% or 0.61 points to 15.93 in late trade.

Biggest losers included Metalurgica Gerdau SA (SA: GOAU4 ), which lost 4.53% or 0.21 points to trade at 4.43 in late trade. Gerdau SA Pref (SA: GGBR4 ) declined 3.51% or 0.35 points to end at 9.62 and Usinas Siderurgicas de Minas Gerais (SA: USIM5 ) shed 3.27% or 0.14 points to 4.14.

Advancing stocks outnumbered falling ones by 209 to 158 and 34 ended unchanged on the Sao Paulo Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 4.29% to 31.46.

In commodities trading, Gold Futures for June delivery was up 0.35% or 4.30 to $1228.50 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.08% or 0.04 to hit $47.87 a barrel, while the July US coffee C contract rose 0.41% or 0.55 to trade at $134.82 .

USD/BRL was down 0.39% to 3.1253, while EUR/BRL rose 0.26% to 3.4166.

The US Dollar Index Futures was down 0.48% at 99.05.

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