Investing.com – Brazil stocks were higher after the close on Friday, as gains in the Real Estate, Public Utilities and Consumption sectors led shares higher.
At the close in Sao Paulo, the Bovespa gained 0.89% to hit a new 1-month high.
The best performers of the session on the Bovespa were Usinas Siderurgicas de Minas Gerais (SA:USIM5), which rose 5.24% or 0.24 points to trade at 4.82 at the close. Meanwhile, ALL America Latina Logistica SA (SA:RUMO3) added 5.22% or 0.36 points to end at 7.26 and Bradespar SA (SA:BRAP4) was up 5.00% or 0.99 points to 20.80 in late trade.
The worst performers of the session were Fibria Celulose SA (SA:FIBR3), which fell 2.97% or 0.98 points to trade at 31.98 at the close. Klabin Unt (SA:KLBN11) declined 2.80% or 0.47 points to end at 16.33 and Cielo SA (SA:CIEL3) was down 2.66% or 0.67 points to 24.54.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 220 to 123 and 25 ended unchanged.
Shares in Usinas Siderurgicas de Minas Gerais (SA:USIM5) rose to 52-week highs; rising 5.24% or 0.24 to 4.82. Shares in Bradespar SA (SA:BRAP4) rose to 3-years highs; gaining 5.00% or 0.99 to 20.80.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 7.63% to 30.51 a new 1-month low.
Gold for February delivery was up 0.65% or 7.85 to $1209.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.96% or 1.02 to hit $53.14 a barrel, while the March US coffee C contract rose 1.60% or 2.41 to trade at $153.23 .
USD/BRL was down 0.85% to 3.1692, while EUR/BRL fell 0.54% to 3.3901.
The US Dollar Index was down 0.27% at 100.83.