Investing.com – Brazil stocks were higher after the close on Friday, as gains in the Electric Power, Financials and Public Utilities sectors led shares higher.
At the close in Sao Paulo, the Bovespa gained 1.01% to hit a new 1-month high.
The best performers of the session on the Bovespa were Qualicorp SA (SA:QUAL3), which rose 8.27% or 2.05 points to trade at 26.85 at the close. Meanwhile, Petroleo Brasileiro SA PN (SA:PETR4) added 4.25% or 0.63 points to end at 15.45 and Petroleo Brasileiro SA (SA:PETR3) was up 3.98% or 0.61 points to 15.93 in late trade.
The worst performers of the session were Metalurgica Gerdau SA (SA:GOAU4), which fell 4.53% or 0.21 points to trade at 4.43 at the close. Gerdau SA Pref (SA:GGBR4) declined 3.51% or 0.35 points to end at 9.62 and Usinas Siderurgicas de Minas Gerais (SA:USIM5) was down 3.27% or 0.14 points to 4.14.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 209 to 158 and 34 ended unchanged.
Shares in Qualicorp SA (SA:QUAL3) rose to all time highs; up 8.27% or 2.05 to 26.85.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 4.29% to 31.46.
Gold Futures for June delivery was up 0.35% or 4.30 to $1228.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.08% or 0.04 to hit $47.87 a barrel, while the July US coffee C contract rose 0.41% or 0.55 to trade at $134.82 .
USD/BRL was down 0.39% to 3.1253, while EUR/BRL rose 0.26% to 3.4166.
The US Dollar Index Futures was down 0.48% at 99.05.