Investing.com – Brazil stocks were higher after the close on Thursday, as gains in the Basic Materials, Electric Power and Financials sectors led shares higher.
At the close in Sao Paulo, the Bovespa rose 1.05%.
The best performers of the session on the Bovespa were Metalurgica Gerdau SA (SA:GOAU4), which rose 6.52% or 0.46 points to trade at 7.51 at the close. Meanwhile, Gerdau SA Pref (SA:GGBR4) added 6.71% or 1.03 points to end at 16.38 and RUMO Logistica Operadora Multimodal SA (SA:RAIL3) was up 5.31% or 0.66 points to 13.10 in late trade.
The worst performers of the session were BRF SA (SA:BRFS3), which fell 4.81% or 1.11 points to trade at 21.95 at the close. Raia Drogasil SA (SA:RADL3) declined 2.99% or 2.16 points to end at 70.00 and Banco Bradesco SA (SA:BBDC3) was down 1.87% or 0.65 points to 34.05.
Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 261 to 150 and 28 ended unchanged.
Shares in BRF SA (SA:BRFS3) fell to 5-year lows; falling 4.81% or 1.11 to 21.95.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 10.42% to 30.42.
Gold Futures for June delivery was down 0.78% or 10.40 to $1329.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.43% or 0.27 to hit $63.64 a barrel, while the May US coffee C contract rose 0.56% or 0.66 to trade at $117.58 .
USD/BRL was up 0.23% to 3.3387, while EUR/BRL fell 0.11% to 4.0863.
The US Dollar Index Futures was up 0.40% at 90.14.