Investing.com – Brazil stocks were higher after the close on Wednesday, as gains in the Financials, Public Utilities and Electric Power sectors led shares higher.
At the close in Sao Paulo, the Bovespa gained 3.54% to hit a new all time high.
The best performers of the session on the Bovespa were Centrais Eletricas Brasileiras SA (SA:ELET3), which rose 20.72% or 5.02 points to trade at 29.25 at the close. Meanwhile, Centrais Eletricas Brasileiras SA (SA:ELET6) added 14.52% or 4.09 points to end at 32.26 and Cia de Saneamento Basico do Estado (SA:SBSP3) was up 9.11% or 2.87 points to 34.37 in late trade.
The worst performers of the session were Log Commercial Properties e Participacoes SA (SA:LOGG3), which fell 6.49% or 1.17 points to trade at 16.85 at the close. EDP - Energias do Brasil SA (SA:ENBR3) declined 3.86% or 0.57 points to end at 14.18 and Bradespar SA (SA:BRAP4) was down 1.77% or 0.56 points to 31.13.
Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 334 to 136 and 26 ended unchanged.
Shares in Centrais Eletricas Brasileiras SA (SA:ELET3) rose to all time highs; gaining 20.72% or 5.02 to 29.25. Shares in Log Commercial Properties e Participacoes SA (SA:LOGG3) fell to all time lows; down 6.49% or 1.17 to 16.85. Shares in Centrais Eletricas Brasileiras SA (SA:ELET6) rose to all time highs; gaining 14.52% or 4.09 to 32.26.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.86% to 35.96.
Gold Futures for February delivery was up 0.14% or 1.85 to $1283.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 2.47% or 1.12 to hit $46.53 a barrel, while the March US coffee C contract fell 2.16% or 2.20 to trade at $99.65 .
USD/BRL was down 2.33% to 3.7900, while EUR/BRL fell 3.33% to 4.2998.
The US Dollar Index Futures was up 0.69% at 96.395.