Investing.com – Brazil stocks were higher after the close on Wednesday, as gains in the Financials, Basic Materials and Consumption sectors led shares higher.
At the close in Sao Paulo, the Bovespa added 1.70% to hit a new all time high.
The best performers of the session on the Bovespa were Cia de Saneamento Basico do Estado (SA:SBSP3), which rose 5.34% or 1.82 points to trade at 35.89 at the close. Meanwhile, Cielo SA (SA:CIEL3) added 4.17% or 1.02 points to end at 25.50 and Petroleo Brasileiro SA PN (SA:PETR4) was up 4.02% or 0.71 points to 18.36 in late trade.
The worst performers of the session were Cia Paranaense de Energia (SA:CPLE6), which fell 2.22% or 0.52 points to trade at 22.91 at the close. Klabin Unt (SA:KLBN11) declined 2.20% or 0.38 points to end at 16.90 and CEMIG - Companhia Energetica Minas Gerais Pref (SA:CMIG4) was down 1.60% or 0.11 points to 6.76.
Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 232 to 167 and 43 ended unchanged.
Shares in Cia de Saneamento Basico do Estado (SA:SBSP3) rose to 3-years highs; gaining 5.34% or 1.82 to 35.89. Shares in Petroleo Brasileiro SA PN (SA:PETR4) rose to 3-years highs; rising 4.02% or 0.71 to 18.36.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.45% to 32.91.
Gold Futures for February delivery was down 0.61% or 8.20 to $1328.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.24% or 0.15 to hit $63.88 a barrel, while the March US coffee C contract rose 2.00% or 2.41 to trade at $123.08 .
USD/BRL was down 0.04% to 3.2239, while EUR/BRL fell 0.32% to 3.9394.
The US Dollar Index Futures was up 0.20% at 90.41.