Investing.com – Brazil stocks were higher after the close on Thursday, as gains in the Public Utilities, Financials and Electric Power sectors led shares higher.
At the close in Sao Paulo, the Bovespa gained 0.44% to hit a new all time high.
The best performers of the session on the Bovespa were Cia de Saneamento Basico do Estado (SA:SBSP3), which rose 7.33% or 2.52 points to trade at 36.89 at the close. Meanwhile, Centrais Eletricas Brasileiras SA (SA:ELET3) added 5.23% or 1.53 points to end at 30.78 and Centrais Eletricas Brasileiras SA (SA:ELET6) was up 4.96% or 1.60 points to 33.86 in late trade.
The worst performers of the session were Suzano Papel e Celulose SA (SA:SUZB3), which fell 5.62% or 2.17 points to trade at 36.43 at the close. Vale SA (SA:VALE3) declined 4.09% or 2.09 points to end at 49.00 and BRF SA (SA:BRFS3) was down 3.98% or 0.89 points to 21.49.
Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 257 to 171 and 31 ended unchanged.
Shares in Centrais Eletricas Brasileiras SA (SA:ELET3) rose to all time highs; rising 5.23% or 1.53 to 30.78. Shares in Centrais Eletricas Brasileiras SA (SA:ELET6) rose to all time highs; gaining 4.96% or 1.60 to 33.86.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 0.08% to 36.20.
Gold Futures for February delivery was up 0.91% or 11.70 to $1295.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.10% or 0.51 to hit $47.05 a barrel, while the March US coffee C contract rose 2.71% or 2.70 to trade at $102.20 .
USD/BRL was down 0.86% to 3.7572, while EUR/BRL fell 0.35% to 4.2832.
The US Dollar Index Futures was down 0.64% at 95.803.