Investing.com – Brazil stocks were higher after the close on Thursday, as gains in the Basic Materials, Financials and Public Utilities sectors led shares higher.
At the close in Sao Paulo, the Bovespa rose 0.90%.
The best performers of the session on the Bovespa were Magazine Luiza SA (SA:MGLU3), which rose 6.04% or 4.51 points to trade at 79.21 at the close. Meanwhile, CEMIG - Companhia Energetica Minas Gerais Pref (SA:CMIG4) added 5.32% or 0.40 points to end at 7.92 and Bradespar SA (SA:BRAP4) was up 4.35% or 1.45 points to 34.77 in late trade.
The worst performers of the session were BRF SA (SA:BRFS3), which fell 1.99% or 0.62 points to trade at 30.50 at the close. JBS SA (SA:JBSS3) declined 1.93% or 0.19 points to end at 9.66 and Tim Participacoes SA (SA:TIMP3) was down 1.81% or 0.26 points to 14.09.
Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 209 to 192 and 35 ended unchanged.
Shares in Bradespar SA (SA:BRAP4) rose to 5-year highs; rising 4.35% or 1.45 to 34.77.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 0.94% to 30.07.
Gold Futures for April delivery was down 0.09% or 1.20 to $1356.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.52% or 0.92 to hit $61.52 a barrel, while the March US coffee C contract fell 0.92% or 1.13 to trade at $121.72 .
USD/BRL was up 0.33% to 3.2278, while EUR/BRL rose 0.76% to 4.0361.
The US Dollar Index Futures was down 0.47% at 88.49.