Investing.com – Brazil stocks were higher after the close on Wednesday, as gains in the Public Utilities, Electric Power and Financials sectors led shares higher.
At the close in Sao Paulo, the Bovespa gained 0.74% to hit a new 6-months high.
The best performers of the session on the Bovespa were Energy of Minas Gerais Co Preferred (BVMF:CMIG4), which rose 8.02% or 0.89 points to trade at 11.99 at the close. Meanwhile, Azul SA Pref (BVMF:AZUL4) added 6.59% or 0.48 points to end at 7.76 and JBS SA (BVMF:JBSS3) was up 6.36% or 2.22 points to 37.12 in late trade.
The worst performers of the session were Localiza Rent a Car SA (BVMF:RENT3), which fell 17.05% or 8.20 points to trade at 39.90 at the close. Magazine Luiza SA (BVMF:MGLU3) declined 4.44% or 0.59 points to end at 12.70 and CSN Mineracao SA (BVMF:CMIN3) was down 4.39% or 0.23 points to 5.01.
Rising stocks outnumbered declining ones on the B3 Stock Exchange by 525 to 398 and 50 ended unchanged.
Shares in JBS SA (BVMF:JBSS3) rose to 52-week highs; rising 6.36% or 2.22 to 37.12.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 4.84% to 29.65.
Gold Futures for December delivery was down 0.86% or 21.65 to $2,486.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.51% or 1.18 to hit $77.17 a barrel, while the September US coffee C contract rose 2.03% or 4.73 to trade at $237.43 .
USD/BRL was up 0.34% to 5.47, while EUR/BRL rose 0.51% to 6.02.
The US Dollar Index Futures was up 0.06% at 102.44.