Investing.com – Brazil equities were higher at the close on Monday, as gains in the Basic Materials, Industrials and Consumption sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa rose 0.80%.
The biggest gainers of the session on the Bovespa were Gerdau SA (SA:GGBR4), which rose 10.42% or 1.26 points to trade at 13.35 at the close. Usinas Siderurgicas de Minas Gerais (SA:USIM5) added 7.65% or 0.30 points to end at 4.22 and Metalurgica Gerdau SA (SA:GOAU4) was up 7.41% or 0.360 points to 5.220 in late trade.
Biggest losers included EcoRodovias SA (SA:ECOR3), which lost 7.98% or 0.65 points to trade at 7.50 in late trade. ALL America Latina Logistica SA (SA:RUMO3) declined 4.72% or 0.260 points to end at 5.250 and Suzano Papel e Celulose SA (SA:SUZB5) shed 2.69% or 0.34 points to 12.31.
Advancing stocks outnumbered falling ones by 225 to 168 and 32 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 3.71% to 46.92 a new 6-month high.
In commodities trading, Gold for December delivery was down 0.36% or 4.45 to $1219.85 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.16% or 0.07 to hit $43.48 a barrel, while the December US coffee C contract rose 1.43% or 2.28 to trade at $161.85 .
USD/BRL was up 1.26% to 3.4340, while EUR/BRL rose 0.13% to 3.6865.
The US Dollar Index was up 1.05% at 100.03.