Investing.com – Brazil stocks were higher after the close on Wednesday, as gains in the Consumption, Real Estate and Electric Power sectors led shares higher.
At the close in Sao Paulo, the Bovespa added 0.48% to hit a new 1-month high.
The best performers of the session on the Bovespa were Lojas Americanas SA (SA:LAME4), which rose 4.08% or 0.67 points to trade at 17.09 at the close. Meanwhile, Natura Cosmeticos SA (SA:NATU3) added 4.00% or 1.26 points to end at 32.74 and Localiza Rent a Car SA (SA:RENT3) was up 3.48% or 0.75 points to 22.33 in late trade.
The worst performers of the session were Embraer SA (SA:EMBR3), which fell 3.61% or 0.76 points to trade at 20.30 at the close. Telefonica Brasil SA (SA:VIVT4) declined 1.72% or 0.86 points to end at 49.04 and Estacio Participacoes SA (SA:ESTC3) was down 0.91% or 0.31 points to 33.88.
Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 262 to 130 and 43 ended unchanged.
Shares in Localiza Rent a Car SA (SA:RENT3) rose to 52-week highs; rising 3.48% or 0.75 to 22.33.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 2.05% to 26.39.
Gold Futures for February delivery was up 0.37% or 4.70 to $1292.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.63% or 0.38 to hit $59.59 a barrel, while the March US coffee C contract rose 1.93% or 2.35 to trade at $124.38 .
USD/BRL was up 0.10% to 3.3158, while EUR/BRL rose 0.45% to 3.9438.
The US Dollar Index Futures was down 0.25% at 92.61.