Brazil shares higher at close of trade; Bovespa up 1.31%

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Brazil shares higher at close of trade; Bovespa up 1.31%
Credit: © Reuters. – Brazil equities were higher at the close on Friday, as gains in the Basic Materials , Financials and Electric Power sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa gained 1.31%.

The biggest gainers of the session on the Bovespa were BR Malls Participacoes SA (SA: BRML3 ), which rose 5.58% or 0.67 points to trade at 12.67 at the close. Petroleo Brasileiro SA (SA: PETR3 ) added 5.33% or 0.75 points to end at 14.81 and Banco Santander Brasil SA Unit (SA: SANB11 ) was up 5.07% or 1.34 points to 27.78 in late trade.

Biggest losers included Cyrela Brazil Realty SA (SA: CYRE3 ), which lost 2.17% or 0.29 points to trade at 13.05 in late trade. MRV Engenharia e Participacoes SA (SA: MRVE3 ) declined 1.67% or 0.26 points to end at 15.30 and Centrais Eletricas Brasileiras SA (SA: ELET6 ) shed 1.19% or 0.24 points to 19.94.

Advancing stocks outnumbered falling ones by 246 to 117 and 33 ended unchanged on the Sao Paulo Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 1.94% to 31.36.

In commodities trading, Gold Futures for June delivery was up 0.15% or 1.83 to $1230.43 a troy ounce. Meanwhile, Crude oil for delivery in June rose 2.00% or 0.91 to hit $46.43 a barrel, while the July US coffee C contract rose 0.59% or 0.80 to trade at $135.85 .

USD/BRL was down 0.34% to 3.1788, while EUR/BRL fell 0.25% to 3.4953.

The US Dollar Index Futures was down 0.16% at 98.45.

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