Investing.com – Brazil stocks were higher after the close on Wednesday, as gains in the Basic Materials, Industrials and Telecoms sectors led shares higher.
At the close in Sao Paulo, the Bovespa gained 0.29%.
The best performers of the session on the Bovespa were Usinas Siderurgicas de Minas Gerais SA USIMINAS Pref (BVMF:USIM5), which rose 3.58% or 0.27 points to trade at 7.81 at the close. Meanwhile, Prio SA (BVMF:PRIO3) added 2.78% or 1.17 points to end at 43.19 and IRB Brasil Resseguros SA (BVMF:IRBR3) was up 2.71% or 0.86 points to 32.60 in late trade.
The worst performers of the session were Companhia Brasileira De Distribuica (BVMF:PCAR3), which fell 6.71% or 0.19 points to trade at 2.64 at the close. Azul SA Pref (BVMF:AZUL4) declined 5.17% or 0.40 points to end at 7.34 and Pet Center Comercio e Partcipacoes (BVMF:PETZ3) was down 4.37% or 0.15 points to 3.28.
Rising stocks outnumbered declining ones on the B3 Stock Exchange by 537 to 393 and 52 ended unchanged.
Shares in Azul SA Pref (BVMF:AZUL4) fell to 52-week lows; losing 5.17% or 0.40 to 7.34.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.42% to 25.61.
Gold Futures for August delivery was down 0.93% or 21.60 to $2,309.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.20% or 0.16 to hit $80.67 a barrel, while the September US coffee C contract fell 2.18% or 5.00 to trade at $224.30 .
USD/BRL was up 1.21% to 5.52, while EUR/BRL rose 0.84% to 5.89.
The US Dollar Index Futures was up 0.45% at 105.74.