Investing.com – Brazil stocks were higher after the close on Thursday, as gains in the Basic Materials, Consumption and Industrials sectors led shares higher.
At the close in Sao Paulo, the Bovespa rose 0.93% to hit a new 5-year high.
The best performers of the session on the Bovespa were Bradespar SA (SA:BRAP4), which rose 4.53% or 1.12 points to trade at 25.84 at the close. Meanwhile, Usinas Siderurgicas de Minas Gerais (SA:USIM5) added 4.17% or 0.27 points to end at 6.75 and Vale SA (SA:VALE3) was up 4.12% or 1.34 points to 33.88 in late trade.
The worst performers of the session were Metalurgica Gerdau SA (SA:GOAU4), which fell 2.42% or 0.14 points to trade at 5.65 at the close. BB Seguridade Participacoes SA (SA:BBSE3) declined 1.36% or 0.38 points to end at 27.60 and BM&FBovespa SA (SA:BVMF3) was down 1.14% or 0.26 points to 22.58.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 240 to 150 and 30 ended unchanged.
Shares in Usinas Siderurgicas de Minas Gerais (SA:USIM5) rose to 52-week highs; rising 4.17% or 0.27 to 6.75.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.28% to 25.37.
Gold Futures for December delivery was down 0.24% or 3.13 to $1291.57 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.65% or 0.80 to hit $47.61 a barrel, while the December US coffee C contract fell 0.70% or 0.90 to trade at $127.92 .
USD/BRL was up 0.09% to 3.1447, while EUR/BRL rose 0.03% to 3.7110.
The US Dollar Index Futures was up 0.10% at 93.23.