Investing.com – Brazil equities were higher at the close on Monday, as gains in the Electric Power, Real Estate and Basic Materials sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa added 1.63% to hit a new 52-week high.
The biggest gainers of the session on the Bovespa were Usinas Siderurgicas de Minas Gerais (SA:USIM5), which rose 7.66% or 0.18 points to trade at 2.53 at the close. Metalurgica Gerdau SA (SA:GOAU4) added 6.58% or 0.160 points to end at 2.590 and ALL America Latina Logistica SA (SA:RUMO3) was up 5.37% or 0.290 points to 5.690 in late trade.
Biggest losers included Cia Energetica de Sao Paulo (SA:CESP6), which lost 2.65% or 0.40 points to trade at 14.69 in late trade. Embraer SA (SA:EMBR3) declined 1.21% or 0.21 points to end at 17.20 and CPFL Energia SA (SA:CPFE3) shed 0.75% or 0.17 points to 22.44.
Advancing stocks outnumbered falling ones by 216 to 100 and 19 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.47% to 34.08 a new 6-month low.
In commodities trading, Gold for August delivery was up 0.18% or 2.45 to $1329.85 a troy ounce. Meanwhile, Crude oil for delivery in September fell 1.59% or 0.74 to hit $45.91 a barrel, while the September US coffee C contract rose 1.47% or 2.17 to trade at $149.62 .
USD/BRL was down 0.93% to 3.2481, while EUR/BRL fell 0.57% to 3.5971.
The US Dollar Index was down 0.14% at 96.56.