Investing.com – Brazil equities were higher at the close on Tuesday, as gains in the Financials, Public Utilities and Electric Power sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa added 1.19% to hit a new all time high.
The biggest gainers of the session on the Bovespa were Centrais Eletricas Brasileiras SA (SA:ELET6), which rose 8.65% or 2.15 points to trade at 27.00 at the close. Centrais Eletricas Brasileiras SA (SA:ELET3) added 6.82% or 1.46 points to end at 22.88 and Fibria Celulose SA (SA:FIBR3) was up 6.66% or 3.94 points to 63.09 in late trade.
Biggest losers included Companhia Brasileira deDistribuicao (SA:PCAR4), which lost 5.27% or 3.76 points to trade at 67.55 in late trade. EcoRodovias SA (SA:ECOR3) declined 3.76% or 0.40 points to end at 10.25 and Gerdau SA Pref (SA:GGBR4) shed 3.47% or 0.58 points to 16.15.
Advancing stocks outnumbered falling ones by 247 to 220 and 34 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.31% to 30.08.
In commodities trading, Gold Futures for April delivery was down 1.81% or 24.50 to $1331.70 a troy ounce. Meanwhile, Crude oil for delivery in April rose 0.11% or 0.07 to hit $61.62 a barrel, while the May US coffee C contract fell 0.42% or 0.50 to trade at $119.95 .
USD/BRL was up 0.58% to 3.2556, while EUR/BRL fell 0.00% to 4.0163.
The US Dollar Index Futures was up 0.63% at 89.64.