Investing.com – Brazil stocks were higher after the close on Friday, as gains in the Public Utilities, Electric Power and Basic Materials sectors led shares higher.
At the close in Sao Paulo, the Bovespa gained 0.64%.
The best performers of the session on the Bovespa were BRF SA (SA:BRFS3), which rose 9.20% or 1.97 points to trade at 23.39 at the close. Meanwhile, Estacio Participacoes SA (SA:ESTC3) added 7.36% or 1.85 points to end at 27.00 and Magazine Luiza SA (SA:MGLU3) was up 6.83% or 7.41 points to 115.83 in late trade.
The worst performers of the session were Petroleo Brasileiro SA (SA:PETR3), which fell 14.92% or 3.31 points to trade at 18.88 at the close. Petroleo Brasileiro SA PN (SA:PETR4) declined 14.70% or 2.79 points to end at 16.19 and Itausa - Investimentos Itau SA (SA:ITSA4) was down 7.93% or 0.89 points to 10.34.
Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 248 to 168 and 25 ended unchanged.
Shares in Magazine Luiza SA (SA:MGLU3) rose to all time highs; rising 6.83% or 7.41 to 115.83.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 0.98% to 29.96.
Gold Futures for June delivery was down 0.53% or 6.90 to $1293.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 1.97% or 1.32 to hit $65.72 a barrel, while the July US coffee C contract fell 0.77% or 0.95 to trade at $122.72 .
USD/BRL was up 0.95% to 3.7588, while EUR/BRL rose 0.65% to 4.3817.
The US Dollar Index Futures was up 0.24% at 94.18.