Brazil shares higher at close of trade; Bovespa up 1.12%

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

At the close in Sao Paulo, the Bovespa added 1.12%.

The biggest gainers of the session on the Bovespa were Companhia Brasileira deDistribuicao (SA: PCAR4 ), which rose 9.46% or 6.20 points to trade at 71.75 at the close. Centrais Eletricas Brasileiras SA (SA: ELET3 ) added 5.24% or 0.90 points to end at 18.06 and Marfrig Alimentos SA (SA: MRFG3 ) was up 4.94% or 0.34 points to 7.22 in late trade.

Biggest losers included JBS SA (SA: JBSS3 ), which lost 1.91% or 0.20 points to trade at 10.27 in late trade. Engie Brasil Energia SA (SA: EGIE3 ) declined 0.99% or 0.34 points to end at 34.00 and Tim Participacoes SA (SA: TIMP3 ) shed 0.87% or 0.09 points to 10.26.

Advancing stocks outnumbered falling ones by 260 to 93 and 24 ended unchanged on the Sao Paulo Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 1.19% to 29.91.

In commodities trading, Gold Futures for June delivery was up 0.31% or 3.90 to $1269.80 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.43% or 0.21 to hit $49.18 a barrel, while the July US coffee C contract rose 2.86% or 3.70 to trade at $133.27 .

USD/BRL was down 0.13% to 3.1790, while EUR/BRL rose 0.08% to 3.4636.

The US Dollar Index Futures was down 0.14% at 98.88.