Investing.com – Brazil stocks were higher after the close on Wednesday, as gains in the Basic Materials, Real Estate and Financials sectors led shares higher.
At the close in Sao Paulo, the Bovespa added 1.14%.
The best performers of the session on the Bovespa were Usinas Siderurgicas de Minas Gerais (SA:USIM5), which rose 7.35% or 0.25 points to trade at 3.65 at the close. Meanwhile, Vale SA (SA:VALE5) added 6.34% or 0.91 points to end at 15.27 and Vale SA (SA:VALE3) was up 5.69% or 0.95 points to 17.65 in late trade.
The worst performers of the session were Suzano Papel e Celulose SA (SA:SUZB5), which fell 3.62% or 0.36 points to trade at 9.58 at the close. Fibria Celulose SA (SA:FIBR3) declined 3.32% or 0.75 points to end at 21.86 and Qualicorp SA (SA:QUAL3) was down 2.61% or 0.53 points to 19.75.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 190 to 173 and 20 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 11.57% to 32.48.
Gold for December delivery was up 1.48% or 19.45 to $1337.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 3.50% or 1.54 to hit $45.59 a barrel, while the December US coffee C contract fell 0.45% or 0.70 to trade at $156.20 .
USD/BRL was down 1.48% to 3.2106, while EUR/BRL fell 1.25% to 3.5887.
The US Dollar Index was down 0.50% at 95.49.