Investing.com – Brazil equities were higher at the close on Monday, as gains in the Basic Materials, Real Estate and Financials sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa added 0.41% to hit a new all time high.
The biggest gainers of the session on the Bovespa were Magazine Luiza SA (SA:MGLU3), which rose 8.43% or 7.33 points to trade at 94.32 at the close. Cia Siderurgica Nacional SA (SA:CSNA3) added 6.04% or 0.62 points to end at 10.88 and Usinas Siderurgicas de Minas Gerais (SA:USIM5) was up 4.51% or 0.55 points to 12.75 in late trade.
Biggest losers included CCR SA (SA:CCRO3), which lost 10.01% or 1.38 points to trade at 12.41 in late trade. Hypermarcas SA (SA:HYPE3) declined 4.57% or 1.69 points to end at 35.27 and EcoRodovias SA (SA:ECOR3) shed 4.30% or 0.44 points to 9.79.
Advancing stocks outnumbered falling ones by 278 to 199 and 28 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.02% to 27.24 a new 1-month low.
In commodities trading, Gold Futures for April delivery was up 0.34% or 4.50 to $1334.80 a troy ounce. Meanwhile, Crude oil for delivery in April rose 0.76% or 0.48 to hit $64.03 a barrel, while the May US coffee C contract rose 0.58% or 0.70 to trade at $121.67 .
USD/BRL was down 0.44% to 3.2239, while EUR/BRL fell 0.23% to 3.9715.
The US Dollar Index Futures was down 0.07% at 89.75.