Investing.com – Brazil stocks were higher after the close on Friday, as gains in the Real Estate, Consumption and Electric Power sectors led shares higher.
At the close in Sao Paulo, the Bovespa gained 0.13% to hit a new 1-month high.
The best performers of the session on the Bovespa were Cvc Brasil ON (BVMF:CVCB3), which rose 10.16% or 0.19 points to trade at 2.06 at the close. Meanwhile, Companhia Brasileira De Distribuica (BVMF:PCAR3) added 7.17% or 0.21 points to end at 3.14 and Lwsa SA (BVMF:LWSA3) was up 6.44% or 0.27 points to 4.46 in late trade.
The worst performers of the session were Embraer SA (BVMF:EMBR3), which fell 4.13% or 1.55 points to trade at 35.96 at the close. Suzano Papel e Celulose SA (BVMF:SUZB3) declined 3.81% or 2.17 points to end at 54.83 and IRB Brasil Resseguros SA (BVMF:IRBR3) was down 2.15% or 0.67 points to 30.53.
Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 480 to 471 and 53 ended unchanged.
Shares in IRB Brasil Resseguros SA (BVMF:IRBR3) fell to 52-week lows; falling 2.15% or 0.67 to 30.53.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 4.86% to 27.38.
Gold Futures for August delivery was up 1.18% or 28.00 to $2,397.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.75% or 0.63 to hit $83.25 a barrel, while the September US coffee C contract rose 2.83% or 6.35 to trade at $230.55 .
USD/BRL was down 0.47% to 5.46, while EUR/BRL fell 0.21% to 5.92.
The US Dollar Index Futures was down 0.51% at 104.54.