Investing.com – Brazil stocks were higher after the close on Friday, as gains in the Consumption, Electric Power and Industrials sectors led shares higher.
At the close in Sao Paulo, the Bovespa added 4.60%.
The best performers of the session on the Bovespa were JBS SA (SA:JBSS3), which rose 15.51% or 1.45 points to trade at 10.80 at the close. Meanwhile, Cia Energetica de Minas Gerais (SA:CMIG4) added 10.67% or 0.57 points to end at 5.91 and Estacio Participacoes SA (SA:ESTC3) was up 10.06% or 1.07 points to 11.71 in late trade.
The worst performers of the session were Usinas Siderurgicas de Minas Gerais (SA:USIM5), which fell 1.16% or 0.01 points to trade at 0.85 at the close. BM&FBovespa SA (SA:BVMF3) declined 1.06% or 0.11 points to end at 10.26 and CETIP SA - Mercados Organizados (SA:CTIP3) was up 0.63% or 0.24 points to 38.24.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 238 to 71 and 7 ended unchanged.
Shares in Usinas Siderurgicas de Minas Gerais (SA:USIM5) fell to 5-year lows; down 1.16% or 0.01 to 0.85.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 4.29% to 43.31 a new 1-month low.
Gold for February delivery was up 0.22% or 2.50 to $1118.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.19% or 0.40 to hit $33.62 a barrel, while the March US coffee C contract fell 2.19% or 2.60 to trade at $116.38 .
USD/BRL was down 1.76% to 3.9984, while EUR/BRL fell 2.70% to 4.3325.
The US Dollar Index was up 1.00% at 99.61.