Investing.com – Brazil stocks were higher after the close on Thursday, as gains in the Basic Materials, Financials and Industrials sectors led shares higher.
At the close in Sao Paulo, the Bovespa rose 0.84% to hit a new all time high.
The best performers of the session on the Bovespa were Usinas Siderurgicas de Minas Gerais (SA:USIM5), which rose 5.65% or 0.56 points to trade at 10.48 at the close. Meanwhile, Gerdau SA Pref (SA:GGBR4) added 5.41% or 0.70 points to end at 13.65 and Metalurgica Gerdau SA (SA:GOAU4) was up 3.65% or 0.22 points to 6.25 in late trade.
The worst performers of the session were Fleury SA (SA:FLRY3), which fell 2.00% or 0.58 points to trade at 28.41 at the close. Cia de Saneamento Basico do Estado (SA:SBSP3) declined 1.94% or 0.66 points to end at 33.32 and TAESA UNT N2 (SA:TAEE11) was down 1.58% or 0.34 points to 21.15.
Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 256 to 194 and 41 ended unchanged.
Shares in Usinas Siderurgicas de Minas Gerais (SA:USIM5) rose to 3-years highs; up 5.65% or 0.56 to 10.48.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.67% to 28.78.
Gold Futures for February delivery was up 0.39% or 5.20 to $1323.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.45% or 0.28 to hit $61.91 a barrel, while the March US coffee C contract rose 0.77% or 0.99 to trade at $129.42 .
USD/BRL was down 0.07% to 3.2345, while EUR/BRL rose 0.36% to 3.9031.
The US Dollar Index Futures was down 0.30% at 91.61.