Investing.com – Brazil stocks were higher after the close on Friday, as gains in the Public Utilities, Financials and Electric Power sectors led shares higher.
At the close in Sao Paulo, the Bovespa added 1.89%.
The best performers of the session on the Bovespa were Gol Linhas Aereas Inteligentes SA Pref (SA:GOLL4), which rose 10.70% or 1.76 points to trade at 18.21 at the close. Meanwhile, CEMIG - Companhia Energetica Minas Gerais Pref (SA:CMIG4) added 8.50% or 0.96 points to end at 12.25 and Centrais Eletricas Brasileiras SA (SA:ELET3) was up 5.81% or 1.28 points to 23.32 in late trade.
The worst performers of the session were Suzano Papel e Celulose SA (SA:SUZB3), which fell 6.46% or 2.73 points to trade at 39.50 at the close. WEG SA (SA:WEGE3) declined 4.89% or 0.93 points to end at 18.08 and Qualicorp SA (SA:QUAL3) was down 3.52% or 0.52 points to 14.25.
Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 252 to 228 and 34 ended unchanged.
Shares in CEMIG - Companhia Energetica Minas Gerais Pref (SA:CMIG4) rose to 3-years highs; rising 8.50% or 0.96 to 12.25.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 4.93% to 46.85.
Gold Futures for December delivery was up 0.59% or 7.20 to $1236.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.50% or 0.34 to hit $67.67 a barrel, while the December US coffee C contract fell 1.03% or 1.25 to trade at $119.90 .
USD/BRL was down 1.43% to 3.6527, while EUR/BRL fell 1.14% to 4.1671.
The US Dollar Index Futures was down 0.34% at 96.13.