Brazil's stocks rose on Friday as higher metals and crude prices lifted shares of energy giant Petrobras and mining company Vale. The Bovespa index of the Sao Paulo stock exchange rose 1.7 percent to 37,095.14 points.
Petrobras gained more than 3 percent as crude oil prices charged higher on Friday after the United Arab Emirates cut supplies, joining Saudi Arabia with output cuts agreed with other Opec countries. Mining company Vale also helped lead Brazil's stock gains as copper prices climbed more than 1 percent in New York. Petrobras climbed 3.2 percent to 22.7 reais, while Vale gained 2.6 percent to 23.82 reais.