Investing.com – Brazil stocks were higher after the close on Friday, as gains in the Financials, Basic Materials and Public Utilities sectors led shares higher.
At the close in Sao Paulo, the Bovespa added 1.63% to hit a new 6-months high.
The best performers of the session on the Bovespa were Vale SA (SA:VALE3), which rose 10.00% or 2.11 points to trade at 23.20 at the close. Meanwhile, Centrais Eletricas Brasileiras SA (SA:ELET3) added 7.83% or 0.54 points to end at 7.44 and Vale SA (SA:VALE5) was up 6.67% or 1.17 points to 18.71 in late trade.
The worst performers of the session were Multiplan SA (SA:MULT3), which fell 2.98% or 1.72 points to trade at 56.06 at the close. Localiza Rent a Car SA (SA:RENT3) declined 2.95% or 1.12 points to end at 36.88 and CCR SA (SA:CCRO3) was down 2.54% or 0.42 points to 16.13.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 156 to 120 and 3 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.07% to 31.42 a new 3-months low.
Gold for June delivery was down 1.34% or 16.00 to $1178.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.96% or 0.56 to hit $57.19 a barrel, while the July US coffee C contract rose 0.14% or 0.20 to trade at $141.78 .
USD/BRL was down 0.54% to 2.9536, while EUR/BRL fell 0.16% to 3.2095.
The US Dollar Index was down 0.32% at 97.12.