Investing.com – Brazil stocks were higher after the close on Wednesday, as gains in the Electric Power, Real Estate and Consumption sectors led shares higher.
At the close in Sao Paulo, the Bovespa rose 0.47%.
The best performers of the session on the Bovespa were JBS SA (SA:JBSS3), which rose 5.49% or 0.63 points to trade at 12.11 at the close. Meanwhile, Qualicorp SA (SA:QUAL3) added 5.42% or 0.75 points to end at 14.58 and EcoRodovias SA (SA:ECOR3) was up 4.38% or 0.41 points to 9.77 in late trade.
The worst performers of the session were Braskem SA (SA:BRKM5), which fell 3.15% or 1.66 points to trade at 51.00 at the close. Cosan SA Industria e Comercio (SA:CSAN3) declined 2.97% or 1.03 points to end at 33.65 and Cielo SA (SA:CIEL3) was down 2.73% or 0.26 points to 9.27.
Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 232 to 159 and 37 ended unchanged.
Shares in JBS SA (SA:JBSS3) rose to 52-week highs; rising 5.49% or 0.63 to 12.11.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 3.35% to 33.90.
Gold Futures for February delivery was down 0.34% or 4.20 to $1242.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.47% or 0.25 to hit $53.00 a barrel, while the March US coffee C contract fell 0.80% or 0.85 to trade at $106.05 .
USD/BRL was up 0.41% to 3.8685, while EUR/BRL rose 0.42% to 4.3878.
The US Dollar Index Futures was up 0.12% at 97.015.