Investing.com – Brazil stocks were higher after the close on Friday, as gains in the Public Utilities, Consumption and Real Estate sectors led shares higher.
At the close in Sao Paulo, the Bovespa rose 1.47%.
The best performers of the session on the Bovespa were Vale SA (SA:VALE3), which rose 8.63% or 1.29 points to trade at 16.24 at the close. Meanwhile, Cia Siderurgica Nacional SA (SA:CSNA3) added 7.78% or 0.53 points to end at 7.34 and Vale SA (SA:VALE5) was up 7.68% or 0.90 points to 12.62 in late trade.
The worst performers of the session were Fibria Celulose SA (SA:FIBR3), which fell 7.01% or 2.35 points to trade at 31.15 at the close. Suzano Papel e Celulose SA (SA:SUZB5) declined 5.94% or 0.85 points to end at 13.47 and Klabin Unt (SA:KLBN11) was down 2.98% or 0.53 points to 17.24.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 181 to 125 and 20 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.87% to 36.53 a new 6-months low.
Gold for August delivery was up 2.79% or 33.85 to $1246.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.63% or 0.31 to hit $48.86 a barrel, while the July US coffee C contract rose 3.42% or 4.20 to trade at $127.00 .
USD/BRL was down 1.77% to 3.5293, while EUR/BRL rose 0.11% to 4.0101.
The US Dollar Index was down 1.70% at 93.94.