Investing.com – Brazil stocks were higher after the close on Wednesday, as gains in the Financials, Basic Materials and Telecoms sectors led shares higher.
At the close in Sao Paulo, the Bovespa gained 0.04%.
The best performers of the session on the Bovespa were Marfrig Alimentos SA (SA:MRFG3), which rose 3.55% or 0.20 points to trade at 5.83 at the close. Meanwhile, Klabin Unt (SA:KLBN11) added 3.52% or 0.68 points to end at 19.98 and Natura Cosmeticos SA (SA:NATU3) was up 2.17% or 0.67 points to 31.59 in late trade.
The worst performers of the session were Centrais Eletricas Brasileiras SA (SA:ELET3), which fell 5.14% or 1.14 points to trade at 21.03 at the close. Centrais Eletricas Brasileiras SA (SA:ELET6) declined 4.95% or 1.26 points to end at 24.20 and BRF SA (SA:BRFS3) was down 3.92% or 0.91 points to 22.30.
Falling stocks outnumbered advancing ones on the BM&FBovespa Stock Exchange by 245 to 206 and 29 ended unchanged.
Shares in Klabin Unt (SA:KLBN11) rose to 52-week highs; gaining 3.52% or 0.68 to 19.98. Shares in BRF SA (SA:BRFS3) fell to 5-year lows; falling 3.92% or 0.91 to 22.30.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.14% to 32.13.
Gold Futures for April delivery was down 1.27% or 17.10 to $1324.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.93% or 0.61 to hit $64.64 a barrel, while the May US coffee C contract fell 0.86% or 1.02 to trade at $117.83 .
USD/BRL was up 0.09% to 3.3290, while EUR/BRL fell 0.76% to 4.0975.
The US Dollar Index Futures was up 0.90% at 89.76.