Investing.com – Brazil stocks were higher after the close on Friday, as gains in the Basic Materials, Financials and Industrials sectors led shares higher.
At the close in Sao Paulo, the Bovespa added 0.28%.
The best performers of the session on the Bovespa were Fibria Celulose SA (SA:FIBR3), which rose 6.60% or 3.55 points to trade at 57.30 at the close. Meanwhile, Gerdau SA Pref (SA:GGBR4) added 6.20% or 0.93 points to end at 15.93 and Metalurgica Gerdau SA (SA:GOAU4) was up 5.68% or 0.40 points to 7.44 in late trade.
The worst performers of the session were Braskem SA (SA:BRKM5), which fell 3.74% or 1.71 points to trade at 44.02 at the close. Itau Unibanco Banco Holding SA (SA:ITUB4) declined 3.49% or 1.84 points to end at 50.83 and BRF SA (SA:BRFS3) was down 2.62% or 0.80 points to 29.70.
Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 243 to 184 and 42 ended unchanged.
Shares in Fibria Celulose SA (SA:FIBR3) rose to all time highs; up 6.60% or 3.55 to 57.30. Shares in Gerdau SA Pref (SA:GGBR4) rose to 3-years highs; gaining 6.20% or 0.93 to 15.93. Shares in Metalurgica Gerdau SA (SA:GOAU4) rose to 52-week highs; rising 5.68% or 0.40 to 7.44. Shares in BRF SA (SA:BRFS3) fell to 5-year lows; down 2.62% or 0.80 to 29.70.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.18% to 29.97.
Gold Futures for April delivery was down 0.35% or 4.70 to $1350.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.46% or 0.28 to hit $61.62 a barrel, while the March US coffee C contract fell 3.22% or 3.92 to trade at $117.80 .
USD/BRL was up 0.10% to 3.2311, while EUR/BRL fell 0.65% to 4.0109.
The US Dollar Index Futures was up 0.63% at 89.03.