Investing.com – Brazil equities were higher at the close on Monday, as gains in the Basic Materials, Industrials and Electric Power sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa rose 0.32%.
The biggest gainers of the session on the Bovespa were Gerdau SA Pref (SA:GGBR4), which rose 5.02% or 0.80 points to trade at 16.73 at the close. Magazine Luiza SA (SA:MGLU3) added 4.64% or 3.65 points to end at 82.26 and Metalurgica Gerdau SA (SA:GOAU4) was up 4.44% or 0.33 points to 7.77 in late trade.
Biggest losers included BB Seguridade Participacoes SA (SA:BBSE3), which lost 4.63% or 1.47 points to trade at 30.28 in late trade. Tim Participacoes SA (SA:TIMP3) declined 2.13% or 0.30 points to end at 13.79 and IGUATEMI ON NM (SA:IGTA3) shed 1.77% or 0.71 points to 39.44.
Advancing stocks outnumbered falling ones by 219 to 147 and 46 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 0.24% to 29.69.
In commodities trading, Gold Futures for April delivery was down 0.54% or 7.30 to $1348.90 a troy ounce. Meanwhile, Crude oil for delivery in April rose 1.35% or 0.83 to hit $62.38 a barrel, while the May US coffee C contract unchanged 0.00% or 0.00 to trade at $120.45 .
USD/BRL was up 0.20% to 3.2369, while EUR/BRL rose 0.19% to 4.0164.
The US Dollar Index Futures was up 0.06% at 89.08.