Investing.com – Brazil stocks were higher after the close on Thursday, as gains in the Financials, Electric Power and Public Utilities sectors led shares higher.
At the close in Sao Paulo, the Bovespa added 1.03%.
The best performers of the session on the Bovespa were CEMIG - Companhia Energetica Minas Gerais Pref (SA:CMIG4), which rose 3.30% or 0.29 points to trade at 9.09 at the close. Meanwhile, CCR SA (SA:CCRO3) added 3.22% or 0.53 points to end at 17.00 and Companhia Brasileira deDistribuicao (SA:PCAR4) was up 2.88% or 1.51 points to 54.00 in late trade.
The worst performers of the session were Fibria Celulose SA (SA:FIBR3), which fell 4.39% or 0.96 points to trade at 20.90 at the close. Localiza Rent a Car SA (SA:RENT3) declined 2.47% or 1.03 points to end at 40.73 and Raia Drogasil SA (SA:RADL3) was down 2.34% or 1.620 points to 67.580.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 221 to 129 and 35 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.68% to 32.26.
Gold for December delivery was up 0.72% or 9.65 to $1341.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.70% or 0.77 to hit $46.11 a barrel, while the December US coffee C contract fell 0.90% or 1.40 to trade at $154.80 .
USD/BRL was up 0.41% to 3.2200, while EUR/BRL rose 0.52% to 3.6061.
The US Dollar Index was down 0.14% at 95.33.