Investing.com – Brazil stocks were higher after the close on Thursday, as gains in the Basic Materials, Financials and Real Estate sectors led shares higher.
At the close in Sao Paulo, the Bovespa rose 1.95% to hit a new 3-months high.
The best performers of the session on the Bovespa were Marcopolo SA (SA:POMO4), which rose 11.32% or 0.30 points to trade at 2.95 at the close. Meanwhile, Vale SA (SA:VALE3) added 8.43% or 1.64 points to end at 21.09 and Cia Siderurgica Nacional SA (SA:CSNA3) was up 7.31% or 0.48 points to 7.05 in late trade.
The worst performers of the session were ALL America Latina Logistica SA (SA:RUMO3), which fell 9.70% or 0.16 points to trade at 1.49 at the close. PDG Realty SA (SA:PDGR3) declined 3.70% or 0.020 points to end at 0.520 and Telefonica Brasil SA (SA:VIVT4) was down 2.64% or 1.30 points to 48.00.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 185 to 87 and 7 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 3.17% to 31.76 a new 3-months low.
Gold for June delivery was up 0.59% or 7.00 to $1193.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 2.40% or 1.35 to hit $57.51 a barrel, while the July US coffee C contract fell 1.08% or 1.55 to trade at $141.57 .
USD/BRL was down 1.06% to 2.9791, while EUR/BRL fell 0.07% to 3.2269.
The US Dollar Index was down 0.82% at 97.43.