Investing.com – Brazil equities were higher at the close on Monday, as gains in the Electric Power, Public Utilities and Basic Materials sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa gained 1.55%.
The biggest gainers of the session on the Bovespa were WEG SA (SA:WEGE3), which rose 4.86% or 0.78 points to trade at 16.83 at the close. Cia Energetica de Sao Paulo (SA:CESP6) added 4.74% or 0.63 points to end at 13.93 and Banco do Brasil SA (SA:BBAS3) was up 4.02% or 0.92 points to 23.82 in late trade.
Biggest losers included Usinas Siderurgicas de Minas Gerais (SA:USIM5), which lost 4.19% or 0.15 points to trade at 3.43 in late trade. Multiplan SA (SA:MULT3) declined 1.39% or 0.83 points to end at 58.81 and Companhia Brasileira deDistribuicao (SA:PCAR4) shed 0.69% or 0.36 points to 51.72.
Advancing stocks outnumbered falling ones by 231 to 121 and 35 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.43% to 32.96.
In commodities trading, Gold for December delivery was up 0.00% or 0.05 to $1325.95 a troy ounce. Meanwhile, Crude oil for delivery in October fell 1.41% or 0.67 to hit $46.97 a barrel, while the December US coffee C contract fell 0.28% or 0.40 to trade at $144.90 .
USD/BRL was down 1.08% to 3.2324, while EUR/BRL fell 1.14% to 3.6158.
The US Dollar Index was up 0.06% at 95.54.