Investing.com – Brazil stocks were higher after the close on Friday, as gains in the Real Estate, Industrials and Consumption sectors led shares higher.
At the close in Sao Paulo, the Bovespa added 0.12% to hit a new 52-week high.
The best performers of the session on the Bovespa were Cosan SA Industria e Comercio (SA:CSAN3), which rose 4.90% or 1.58 points to trade at 33.83 at the close. Meanwhile, Metalurgica Gerdau SA (SA:GOAU4) added 4.08% or 0.120 points to end at 3.060 and Gerdau SA (SA:GGBR4) was up 3.88% or 0.32 points to 8.57 in late trade.
The worst performers of the session were Cia Energetica de Minas Gerais (SA:CMIG4), which fell 3.31% or 0.32 points to trade at 9.35 at the close. Suzano Papel e Celulose SA (SA:SUZB5) declined 3.16% or 0.30 points to end at 9.18 and Petroleo Brasileiro SA (SA:PETR4) was down 3.00% or 0.36 points to 11.65.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 168 to 146 and 17 ended unchanged.
Shares in Suzano Papel e Celulose SA (SA:SUZB5) fell to 52-week lows; losing 3.16% or 0.30 to 9.18. Shares in Gerdau SA (SA:GGBR4) rose to 52-week highs; rising 3.88% or 0.32 to 8.57.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.90% to 33.00.
Gold for December delivery was down 1.80% or 24.65 to $1342.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.14% or 0.06 to hit $41.99 a barrel, while the September US coffee C contract rose 0.25% or 0.35 to trade at $142.23 .
USD/BRL was down 0.86% to 3.1659, while EUR/BRL fell 1.23% to 3.5104.
The US Dollar Index was up 0.45% at 96.18.