Investing.com – Brazil stocks were higher after the close on Friday, as gains in the Public Utilities, Electric Power and Financials sectors led shares higher.
At the close in Sao Paulo, the Bovespa gained 1.58%.
The best performers of the session on the Bovespa were PDG Realty SA (SA:PDGR3), which rose 5.56% or 0.020 points to trade at 0.380 at the close. Meanwhile, JBS SA (SA:JBSS3) added 4.89% or 0.75 points to end at 16.10 and Petroleo Brasileiro SA (SA:PETR4) was up 4.84% or 0.61 points to 13.21 in late trade.
The worst performers of the session were Kroton Educacional SA (SA:KROT3), which fell 5.96% or 0.770 points to trade at 12.160 at the close. Estacio Participacoes SA (SA:ESTC3) declined 4.83% or 0.91 points to end at 17.92 and ALL America Latina Logistica SA (SA:RUMO3) was down 2.31% or 0.03 points to 1.27.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 218 to 91 and 7 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 0.27% to 29.22.
Gold for August delivery was up 0.14% or 1.60 to $1173.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.21% or 0.12 to hit $59.58 a barrel, while the September US coffee C contract fell 1.11% or 1.50 to trade at $133.35 .
USD/BRL was up 0.00% to 3.1275, while EUR/BRL fell 0.40% to 3.4907.
The US Dollar Index was up 0.27% at 95.63.