Brazil shares higher at close of trade; Bovespa up 2.84%

Investing.com – Brazil equities were higher at the close on Friday, as gains in the Financials , Basic Materials and Real Estate sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa added 2.84%.

The biggest gainers of the session on the Bovespa were B2W Cia Digital (SA: BTOW3 ), which rose 5.29% or 2.11 points to trade at 42.02 at the close. Petroleo Brasileiro SA PN (SA: PETR4 ) added 4.66% or 1.01 points to end at 22.68 and RUMO Logistica Operadora Multimodal SA (SA: RAIL3 ) was up 4.55% or 0.74 points to 17.00 in late trade.

Biggest losers included Log Commercial Properties e Participacoes SA (SA: LOGG3 ), which lost 1.80% or 0.33 points to trade at 18.02 in late trade. CCR SA (SA: CCRO3 ) declined 1.06% or 0.12 points to end at 11.20 and Raia Drogasil SA (SA: RADL3 ) shed 0.02% or 0.01 points to 57.15.

Advancing stocks outnumbered falling ones by 332 to 87 and 35 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 1.87% to 36.73.

In commodities trading, Gold Futures for February delivery was up 0.09% or 1.20 to $1282.30 a troy ounce. Meanwhile, Crude oil for delivery in February rose 1.48% or 0.66 to hit $45.27 a barrel, while the March US coffee C contract fell 0.74% or 0.75 to trade at $101.00 .

USD/BRL was up 0.21% to 3.8813, while EUR/BRL rose 0.29% to 4.4419.

The US Dollar Index Futures was down 0.08% at 95.922.