Brazil shares higher at close of trade; Bovespa up 0.27%

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

At the close in Sao Paulo, the Bovespa rose 0.27%.

The biggest gainers of the session on the Bovespa were YDUQS Participacoes SA (BVMF:YDUQ3), which rose 8.03% or 0.78 points to trade at 10.49 at the close. Cogna Educacao SA (BVMF:COGN3) added 6.72% or 0.09 points to end at 1.43 and Atacadao SA (BVMF:CRFB3) was up 6.19% or 0.56 points to 9.60 in late trade.

Biggest losers included IRB Brasil Resseguros SA (BVMF:IRBR3), which lost 4.61% or 2.22 points to trade at 45.98 in late trade. BRF SA (BVMF:BRFS3) declined 2.68% or 0.66 points to end at 23.97 and Caixa Seguridade Participacoes SA (BVMF:CXSE3) shed 2.58% or 0.40 points to 15.12.

Declining stocks outnumbered rising ones by 470 to 464 and 63 ended unchanged on the B3 Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 0.67% to 27.11.

In commodities trading, Gold Futures for December delivery was down 0.05% or 1.20 to $2,541.90 a troy ounce. Meanwhile, Crude oil for delivery in October rose 2.33% or 1.53 to hit $67.28 a barrel, while the December US coffee C contract fell 0.06% or 0.15 to trade at $247.05 .

USD/BRL was unchanged 0.02% to 5.66, while EUR/BRL fell 0.17% to 6.22.

The US Dollar Index Futures was up 0.09% at 101.69.