Brazil shares higher at close of trade; Bovespa up 0.38%

Investing.com – Brazil equities were higher at the close on Thursday, as gains in the Real Estate , Financials and Public Utilities sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa added 0.38%.

The biggest gainers of the session on the Bovespa were Centrais Eletricas Brasileiras SA (SA: ELET3 ), which rose 6.74% or 1.51 points to trade at 23.93 at the close. Centrais Eletricas Brasileiras SA (SA: ELET6 ) added 6.00% or 1.57 points to end at 27.72 and B2W Cia Digital (SA: BTOW3 ) was up 5.03% or 1.91 points to 39.91 in late trade.

Biggest losers included Suzano Papel e Celulose SA (SA: SUZB3 ), which lost 4.46% or 1.73 points to trade at 37.02 in late trade. Tim Participacoes SA (SA: TIMP3 ) declined 3.32% or 0.40 points to end at 11.64 and Telefonica Brasil SA (SA: VIVT4 ) shed 2.92% or 1.37 points to 45.58.

Advancing stocks outnumbered falling ones by 229 to 184 and 31 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 1.64% to 37.70.

In commodities trading, Gold Futures for February delivery was up 0.61% or 7.75 to $1277.50 a troy ounce. Meanwhile, Crude oil for delivery in February fell 2.72% or 1.27 to hit $45.34 a barrel, while the March US coffee C contract fell 1.93% or 2.00 to trade at $101.85 .

USD/BRL was down 1.24% to 3.8736, while EUR/BRL fell 0.44% to 4.4301.

The US Dollar Index Futures was down 0.52% at 96.075.