Investing.com – Brazil stocks were higher after the close on Thursday, as gains in the Financials , Basic Materials and Electric Power sectors led shares higher.

At the close in Sao Paulo, the Bovespa rose 0.26%.

The best performers of the session on the Bovespa were IRB Brasil Resseguros SA (BVMF: IRBR3 ), which rose 11.30% or 4.35 points to trade at 42.85 at the close. Meanwhile, Brava Energia SA (BVMF: BRAV3 ) added 6.64% or 1.27 points to end at 20.40 and Companhia Brasileira De Distribuica (BVMF: PCAR3 ) was up 5.35% or 0.13 points to 2.56 in late trade.

The worst performers of the session were Cvc Brasil ON (BVMF: CVCB3 ), which fell 7.74% or 0.12 points to trade at 1.43 at the close. Magazine Luiza SA (BVMF: MGLU3 ) declined 6.45% or 0.45 points to end at 6.53 and Minerva SA/Brazil (BVMF: BEEF3 ) was down 4.04% or 0.22 points to 5.22.

Rising stocks outnumbered declining ones on the B3 Stock Exchange by 618 to 346 and 46 ended unchanged.

Shares in Cvc Brasil ON (BVMF: CVCB3 ) fell to all time lows; down 7.74% or 0.12 to 1.43. Shares in Minerva SA/Brazil (BVMF: BEEF3 ) fell to 5-year lows; falling 4.04% or 0.22 to 5.22.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 1.33% to 34.12.

Gold Futures for February delivery was up 0.71% or 18.61 to $2,654.11 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.70% or 0.49 to hit $69.61 a barrel, while the March US coffee C contract fell 1.84% or 6.05 to trade at $322.55 .

USD/BRL was down 0.13% to 6.18, while EUR/BRL fell 8.24% to 6.42.

The US Dollar Index Futures was down 0.13% at 107.88.