Home Bovespa Bovespa rose 1.06% at close of trade

Bovespa rose 1.06% at close of trade

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At the close in Sao Paulo, the Bovespa rose 1.06%. on Thursday, as gains in the Basic Materials, Electric Power and Financials sectors propelled shares higher.

The biggest gainers of the session on the Bovespa were Metalurgica Gerdau SA (SA:GOAU4), which rose 6.52% or 0.46 points to trade at 7.51 at the close. Gerdau SA Pref (SA:GGBR4) added 6.71% or 1.03 points to end at 16.38 and RUMO Logistica Operadora Multimodal SA (SA:RAIL3) was up 5.31% or 0.66 points to 13.10 in late trade.

Biggest losers included BRF SA (SA:BRFS3), which lost 4.81% or 1.11 points to trade at 21.95 in late trade. Raia Drogasil SA (SA:RADL3) declined 2.99% or 2.16 points to end at 70.00 and Banco Bradesco SA (SA:BBDC3) shed 1.87% or 0.65 points to 34.05.

Advancing stocks outnumbered falling ones by 261 to 150 and 28 ended unchanged on the BM&FBovespa Stock Exchange.

In commodities trading, Gold Futures for June delivery was down 0.78% or 10.40 to $1329.80 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.43% or 0.27 to hit $63.64 a barrel, while the May US coffee C contract rose 0.56% or 0.66 to trade at $117.58 .