BRASÍLIA: Brazil stocks were higher after the close on Wednesday, as gains in the Basic Materials, Real Estate and Consumption sectors led shares higher. At the close in Sao Paulo, the Bovespa gained 2.37%. The best performers of the session on the Bovespa were Estacio Participacoes SA (SA:ESTC3), which rose 7.12% or 1.05 points to trade at 15.80 at the close. Meanwhile, Vale SA Pref (SA:VALE5) added 6.92% or 2.05 points to end at 31.68 and Vale SA (SA:VALE3) was up 6.90% or 2.15 points to 33.32 in late trade. The worst performers of the session were Suzano Papel e Celulose SA (SA:SUZB5), which fell 3.76% or 0.48 points to trade at 12.27 at the close. Klabin Unt (SA:KLBN11) declined 1.19% or 0.18 points to end at 15.00 and Embraer SA (SA:EMBR3) was down 1.08% or 0.20 points to 18.37.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 228 to 125 and 30 ended unchanged. Shares in Klabin Unt (SA:KLBN11) fell to 52-week lows; falling 1.19% or 0.18 to 15.00. The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 3.39% to 30.24. Gold Futures for April delivery was up 1.40% or 16.85 to $1219.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 2.60% or 1.24 to hit $48.96 a barrel, while the May US coffee C contract fell 0.06% or 0.09 to trade at $141.18 . USD/BRL was down 1.99% to 3.1067, while EUR/BRL fell 0.83% to 3.3329. The US Dollar Index Futures was down 1.19% at 100.41.
