Investing.com – Brazil stocks were higher after the close on Thursday, as gains in the Financials, Real Estate and Electric Power sectors led shares higher.
At the close in Sao Paulo, the Bovespa gained 1.62% to hit a new 52-week high.
The best performers of the session on the Bovespa were Cia Energetica de Minas Gerais (SA:CMIG4), which rose 6.53% or 0.53 points to trade at 8.65 at the close. Meanwhile, Companhia Brasileira deDistribuicao (SA:PCAR4) added 5.72% or 2.96 points to end at 54.71 and Banco do Brasil SA (SA:BBAS3) was up 5.32% or 0.96 points to 19.01 in late trade.
The worst performers of the session were Smiles ON (SA:SMLE3), which fell 4.51% or 2.19 points to trade at 46.35 at the close. Fibria Celulose SA (SA:FIBR3) declined 4.06% or 0.88 points to end at 20.82 and Suzano Papel e Celulose SA (SA:SUZB5) was down 2.72% or 0.31 points to 11.08.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 204 to 99 and 18 ended unchanged.
Shares in Fibria Celulose SA (SA:FIBR3) fell to 52-week lows; falling 4.06% or 0.88 to 20.82.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.49% to 34.42 a new 6-months low.
Gold for August delivery was down 0.73% or 9.85 to $1333.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 1.68% or 0.75 to hit $45.50 a barrel, while the September US coffee C contract rose 3.42% or 5.05 to trade at $152.57 .
USD/BRL was down 0.27% to 3.2549, while EUR/BRL fell 0.07% to 3.6188.
The US Dollar Index was down 0.26% at 96.11.