Investing.com – Brazil stocks were higher after the close on Wednesday, as gains in the Consumption, Financials and Industrials sectors led shares higher.
At the close in Sao Paulo, the Bovespa gained 1.12%.
The best performers of the session on the Bovespa were Qualicorp SA (SA:QUAL3), which rose 7.15% or 1.09 points to trade at 16.34 at the close. Meanwhile, Natura Cosmeticos SA (SA:NATU3) added 5.77% or 1.30 points to end at 23.82 and Raia Drogasil SA (SA:RADL3) was up 3.59% or 2.070 points to 59.810 in late trade.
The worst performers of the session were Cia Siderurgica Nacional SA (SA:CSNA3), which fell 2.60% or 0.17 points to trade at 6.37 at the close. Suzano Papel e Celulose SA (SA:SUZB5) declined 1.91% or 0.28 points to end at 14.38 and Klabin Unt (SA:KLBN11) was down 1.87% or 0.34 points to 17.81.
Falling stocks outnumbered advancing ones on the Sao Paulo Stock Exchange by 152 to 151 and 11 ended unchanged.
Shares in Raia Drogasil SA (SA:RADL3) rose to all time highs; gaining 3.59% or 2.070 to 59.810.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 4.67% to 38.60 a new 6-months low.
Gold for August delivery was down 0.25% or 3.05 to $1214.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.31% or 0.15 to hit $48.95 a barrel, while the July US coffee C contract rose 0.33% or 0.40 to trade at $122.00 .
USD/BRL was down 0.46% to 3.5965, while EUR/BRL rose 0.03% to 4.0236.
The US Dollar Index was down 0.44% at 95.41.