Investing.com – Brazil equities were higher at the close on Monday, as gains in the Basic Materials, Public Utilities and Electric Power sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa rose 2.00% to hit a new 6-month high.
The biggest gainers of the session on the Bovespa were Braskem SA (SA:BRKM5), which rose 11.43% or 1.44 points to trade at 14.04 at the close. Vale SA (SA:VALE3) added 9.40% or 2.13 points to end at 24.78 and Cia Siderurgica Nacional SA (SA:CSNA3) was up 7.31% or 0.59 points to 8.66 in late trade.
Biggest losers included PDG Realty SA (SA:PDGR3), which lost 3.85% or 0.020 points to trade at 0.500 in late trade. Even Construtora e Incorporadora SA (SA:EVEN3) declined 2.77% or 0.13 points to end at 4.56 and CETIP SA - Mercados Organizados (SA:CTIP3) shed 2.52% or 0.87 points to 33.68.
Advancing stocks outnumbered falling ones by 169 to 71 and 6 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.49% to 32.72.
In commodities trading, Gold for June delivery was up 1.12% or 13.20 to $1187.70 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.33% or 0.20 to hit $58.95 a barrel, while the July US coffee C contract fell 0.78% or 1.05 to trade at $133.35 .
USD/BRL was up 2.37% to 3.0863, while EUR/BRL rose 3.84% to 3.4402.
The US Dollar Index was up 0.22% at 95.59.