Investing.com – Brazil equities were higher at the close on Monday, as gains in the Industrials, Public Utilities and Electric Power sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa added 0.11% to hit a new 1-month high.
The biggest gainers of the session on the Bovespa were WEG SA (BVMF:WEGE3), which rose 4.88% or 2.06 points to trade at 44.25 at the close. Azul SA Pref (BVMF:AZUL4) added 4.62% or 0.38 points to end at 8.60 and Petroleo Brasileiro SA (BVMF:PETR3) was up 2.66% or 1.07 points to 41.35 in late trade.
Biggest losers included Magazine Luiza SA (BVMF:MGLU3), which lost 4.82% or 0.66 points to trade at 13.03 in late trade. CSN Mineracao SA (BVMF:CMIN3) declined 2.76% or 0.15 points to end at 5.28 and MRV Engenharia e Participacoes SA (BVMF:MRVE3) shed 2.72% or 0.19 points to 6.79.
Declining stocks outnumbered rising ones by 503 to 445 and 50 ended unchanged on the B3 Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 7.74% to 25.26 a new 1-month low.
In commodities trading, Gold Futures for August delivery was down 1.32% or 31.55 to $2,366.15 a troy ounce. Meanwhile, Crude oil for delivery in August fell 1.07% or 0.89 to hit $82.27 a barrel, while the September US coffee C contract rose 2.38% or 5.45 to trade at $234.40 .
USD/BRL was up 0.24% to 5.47, while EUR/BRL fell 0.26% to 5.93.
The US Dollar Index Futures was up 0.13% at 104.68.