Brazil shares higher at close of trade; Bovespa up 0.03%

Investing.com – Brazil equities were higher at the close on Wednesday, as gains in the Industrials, Real Estate and Electric Power sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa rose 0.03%.

The biggest gainers of the session on the Bovespa were Embraer SA (BVMF:EMBR3), which rose 4.73% or 2.56 points to trade at 56.69 at the close. Lwsa SA (BVMF:LWSA3) added 3.19% or 0.13 points to end at 4.26 and Azzas 2154 SA (BVMF:AZZA3) was up 2.69% or 1.08 points to 41.18 in late trade.

Biggest losers included IRB Brasil Resseguros SA (BVMF:IRBR3), which lost 6.85% or 2.98 points to trade at 40.50 in late trade. Raizen SA Preferred (BVMF:RAIZ4) declined 6.42% or 0.17 points to end at 2.48 and Hapvida Participacoes e Investimentos (BVMF:HAPV3) shed 6.34% or 0.21 points to 3.10.

Declining stocks outnumbered rising ones by 501 to 449 and 61 ended unchanged on the B3 Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 21.07% to 41.09 a new 52-week high.

In commodities trading, Gold Futures for December delivery was down 1.08% or 28.05 to $2,578.25 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.12% or 0.08 to hit $68.04 a barrel, while the March US coffee C contract rose 3.43% or 9.03 to trade at $272.13 .

USD/BRL was unchanged 0.00% to 5.81, while EUR/BRL unchanged 0.06% to 6.13.

The US Dollar Index Futures was up 0.42% at 106.40.