Investing.com – Brazil stocks were higher after the close on Wednesday, as gains in the Real Estate, Financials and Consumption sectors led shares higher.
At the close in Sao Paulo, the Bovespa gained 1.57% to hit a new 1-month high.
The best performers of the session on the Bovespa were Petroleo Brasileiro SA PN (SA:PETR4), which rose 4.95% or 0.61 points to trade at 12.94 at the close. Meanwhile, Banco Bradesco SA (SA:BBDC3) added 4.38% or 1.23 points to end at 29.31 and BR Malls Participacoes SA (SA:BRML3) was up 4.05% or 0.50 points to 12.85 in late trade.
The worst performers of the session were Embraer SA (SA:EMBR3), which fell 2.32% or 0.37 points to trade at 15.55 at the close. Fibria Celulose SA (SA:FIBR3) declined 2.05% or 0.67 points to end at 31.98 and Klabin Unt (SA:KLBN11) was down 1.70% or 0.28 points to 16.15.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 271 to 98 and 31 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.61% to 28.72.
Gold Futures for August delivery was up 0.39% or 4.69 to $1219.39 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.84% or 0.38 to hit $45.42 a barrel, while the September US coffee C contract rose 0.55% or 0.70 to trade at $127.67 .
USD/BRL was down 1.36% to 3.2101, while EUR/BRL fell 1.79% to 3.6644.
The US Dollar Index Futures was up 0.03% at 95.52.