Investing.com – Brazil stocks were higher after the close on Friday, as gains in the Basic Materials, Real Estate and Financials sectors led shares higher.
At the close in Sao Paulo, the Bovespa added 0.40% to hit a new 1-month high.
The best performers of the session on the Bovespa were MRV Engenharia e Participacoes SA (SA:MRVE3), which rose 3.28% or 0.44 points to trade at 13.84 at the close. Meanwhile, Klabin Unt (SA:KLBN11) added 2.48% or 0.40 points to end at 16.50 and CEMIG - Companhia Energetica Minas Gerais Pref (SA:CMIG4) was up 2.16% or 0.19 points to 9.00 in late trade.
The worst performers of the session were Centrais Eletricas Brasileiras SA (SA:ELET6), which fell 5.11% or 0.95 points to trade at 17.65 at the close. Centrais Eletricas Brasileiras SA (SA:ELET3) declined 4.64% or 0.71 points to end at 14.59 and Lojas Renner SA (SA:LREN3) was down 2.00% or 0.59 points to 28.95.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 197 to 161 and 41 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 3.37% to 26.07 a new 52-week low.
Gold Futures for August delivery was up 0.88% or 10.75 to $1228.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 1.17% or 0.54 to hit $46.62 a barrel, while the September US coffee C contract rose 1.93% or 2.53 to trade at $133.70 .
USD/BRL was down 0.88% to 3.1836, while EUR/BRL fell 0.26% to 3.6512.
The US Dollar Index Futures was down 0.72% at 94.87.