Investing.com – Brazil equities were higher at the close on Tuesday, as gains in the Consumption, Public Utilities and Basic Materials sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa gained 1.97%.
The biggest gainers of the session on the Bovespa were Gerdau SA Pref (SA:GGBR4), which rose 6.65% or 1.04 points to trade at 16.67 at the close. Viavarejo Unt (SA:VVAR11) added 5.25% or 0.85 points to end at 17.04 and Usinas Siderurgicas de Minas Gerais (SA:USIM5) was up 5.12% or 0.39 points to 8.00 in late trade.
Biggest losers included Suzano Papel e Celulose SA (SA:SUZB3), which lost 4.24% or 2.18 points to trade at 49.22 in late trade. Telefonica Brasil SA (SA:VIVT4) declined 3.97% or 1.60 points to end at 38.75 and Cielo SA (SA:CIEL3) shed 2.33% or 0.33 points to 13.86.
Advancing stocks outnumbered falling ones by 277 to 168 and 45 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 8.53% to 49.98.
In commodities trading, Gold Futures for December delivery was down 0.24% or 2.90 to $1202.90 a troy ounce. Meanwhile, Crude oil for delivery in November rose 1.49% or 1.02 to hit $69.70 a barrel, while the December US coffee C contract fell 1.44% or 1.40 to trade at $95.85 .
USD/BRL was up 0.48% to 4.1531, while EUR/BRL rose 0.32% to 4.8452.
The US Dollar Index Futures was up 0.11% at 94.19.