© Reuters. Brazil stocks higher at close of trade; Bovespa up 1.42%

Investing.com – Brazil stocks were higher after the close on Wednesday, as gains in the , and sectors led shares higher.

At the close in Sao Paulo, the gained 1.42%.

The best performers of the session on the were Vale SA (SA:), which rose 9.03% or 3.86 points to trade at 46.60 at the close. Meanwhile, Bradespar SA (SA:) added 7.89% or 2.10 points to end at 28.72 and Marfrig Alimentos SA (SA:) was up 5.75% or 0.34 points to 6.25 in late trade.

The worst performers of the session were Cia de Saneamento Basico do Estado (SA:), which fell 3.13% or 1.39 points to trade at 43.01 at the close. Suzano Papel e Celulose SA (SA:) declined 2.94% or 1.41 points to end at 46.60 and CCR SA (SA:) was down 2.88% or 0.45 points to 15.20.

Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 281 to 161 and 32 ended unchanged.

The , which measures the implied volatility of Bovespa options, was down 1.94% to 32.38.

Gold Futures for February delivery was up 0.74% or 9.70 to $1318.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.80% or 0.96 to hit $54.27 a barrel, while the March US coffee C contract fell 0.49% or 0.50 to trade at $102.10 .

USD/BRL was down 0.96% to 3.6843, while EUR/BRL fell 0.49% to 4.2312.

The US Dollar Index Futures was down 0.45% at 95.090.

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