Investing.com – Brazil stocks were higher after the close on Wednesday, as gains in the Basic Materials, Industrials and Public Utilities sectors led shares higher.
At the close in Sao Paulo, the Bovespa rose 0.62%.
The best performers of the session on the Bovespa were EcoRodovias SA (SA:ECOR3), which rose 5.01% or 0.46 points to trade at 9.65 at the close. Meanwhile, Qualicorp SA (SA:QUAL3) added 4.31% or 0.85 points to end at 20.56 and WEG SA (SA:WEGE3) was up 3.73% or 0.63 points to 17.54 in late trade.
The worst performers of the session were Suzano Papel e Celulose SA (SA:SUZB5), which fell 2.45% or 0.33 points to trade at 13.12 at the close. Raia Drogasil SA (SA:RADL3) declined 2.15% or 1.28 points to end at 58.12 and Banco Bradesco SA (SA:BBDC3) was down 2.02% or 0.66 points to 31.97.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 236 to 132 and 34 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.76% to 31.38.
Gold Futures for April delivery was down 0.34% or 4.25 to $1249.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.31% or 0.17 to hit $53.84 a barrel, while the May US coffee C contract rose 1.93% or 2.75 to trade at $145.18 .
USD/BRL was down 0.48% to 3.0938, while EUR/BRL fell 0.79% to 3.2623.
The US Dollar Index Futures was up 0.38% at 101.71.