© Reuters.  Brazil stocks higher at close of trade; Bovespa up 0.29%© Reuters. Brazil stocks higher at close of trade; Bovespa up 0.29%

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

At the close in Sao Paulo, the Bovespa rose 0.29% to hit a new all time high.

The best performers of the session on the Bovespa were Lojas Americanas SA (SA:LAME4), which rose 4.02% or 0.65 points to trade at 16.80 at the close. Meanwhile, RUMO Logistica Operadora Multimodal SA (SA:RAIL3) added 3.67% or 0.49 points to end at 13.85 and EcoRodovias SA (SA:ECOR3) was up 3.22% or 0.33 points to 10.58 in late trade.

The worst performers of the session were Magazine Luiza SA (SA:MGLU3), which fell 4.16% or 3.45 points to trade at 79.54 at the close. Fibria Celulose SA (SA:FIBR3) declined 3.23% or 2.04 points to end at 61.05 and Companhia Brasileira deDistribuicao (SA:PCAR4) was down 2.47% or 1.67 points to 65.88.

Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 259 to 185 and 31 ended unchanged.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.90% to 29.81.

Gold Futures for April delivery was down 0.45% or 6.00 to $1325.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 1.08% or 0.67 to hit $61.12 a barrel, while the May US coffee C contract fell 0.86% or 1.03 to trade at $118.92 .

USD/BRL was up 0.50% to 3.2721, while EUR/BRL rose 0.09% to 4.0203.

The US Dollar Index Futures was up 0.40% at 90.00.

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