Investing.com – Brazil equities were higher at the close on Monday, as gains in the Basic Materials, Financials and Public Utilities sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa gained 0.31% to hit a new all time high.
The biggest gainers of the session on the Bovespa were Usinas Siderurgicas de Minas Gerais (SA:USIM5), which rose 7.14% or 0.62 points to trade at 9.30 at the close. Companhia Brasileira deDistribuicao (SA:PCAR4) added 4.11% or 3.09 points to end at 78.30 and Cia Siderurgica Nacional SA (SA:CSNA3) was up 3.41% or 0.37 points to 11.22 in late trade.
Biggest losers included JBS SA (SA:JBSS3), which lost 3.95% or 0.35 points to trade at 8.50 in late trade. Multiplan SA (SA:MULT3) declined 2.36% or 1.87 points to end at 77.26 and Estacio Participacoes SA (SA:ESTC3) shed 2.21% or 0.63 points to 27.87.
Advancing stocks outnumbered falling ones by 249 to 162 and 37 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.08% to 28.28.
In commodities trading, Gold Futures for December delivery was down 1.01% or 13.34 to $1311.86 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.16% or 0.08 to hit $50.36 a barrel, while the December US coffee C contract fell 0.69% or 0.98 to trade at $140.32 .
USD/BRL was up 0.90% to 3.1364, while EUR/BRL rose 0.90% to 3.7504.
The US Dollar Index Futures was up 0.15% at 91.79.