Investing.com – Brazil stocks were higher after the close on Wednesday, as gains in the Real Estate, Financials and Public Utilities sectors led shares higher.
At the close in Sao Paulo, the Bovespa rose 2.04% to hit a new 3-months high.
The best performers of the session on the Bovespa were Banco do Brasil SA (SA:BBAS3), which rose 9.07% or 2.85 points to trade at 34.28 at the close. Meanwhile, Centrais Eletricas Brasileiras SA (SA:ELET6) added 8.64% or 1.69 points to end at 21.24 and Cyrela Brazil Realty SA (SA:CYRE3) was up 8.08% or 0.89 points to 11.90 in late trade.
The worst performers of the session were Suzano Papel e Celulose SA (SA:SUZB3), which fell 4.46% or 2.06 points to trade at 44.14 at the close. Cielo SA (SA:CIEL3) declined 4.06% or 0.52 points to end at 12.28 and Klabin Unt (SA:KLBN11) was down 3.07% or 0.61 points to 19.29.
Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 278 to 194 and 33 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.19% to 50.08.
Gold Futures for December delivery was down 0.39% or 4.70 to $1202.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.32% or 0.99 to hit $76.22 a barrel, while the December US coffee C contract fell 1.30% or 1.40 to trade at $106.50 .
USD/BRL was down 1.31% to 3.8885, while EUR/BRL fell 1.69% to 4.4734.
The US Dollar Index Futures was up 0.38% at 95.49.