Investing.com – Brazil stocks were higher after the close on Monday, as gains in the Basic Materials, Public Utilities and Electric Power sectors led shares higher.
At the close in Sao Paulo, the Bovespa rose 0.92% to hit a new 52-week high.
The best performers of the session on the Bovespa were Vale SA (SA:VALE5), which rose 5.99% or 0.96 points to trade at 16.99 at the close. Meanwhile, Vale SA (SA:VALE3) added 5.83% or 1.05 points to end at 19.05 and Bradespar SA (SA:BRAP4) was up 3.33% or 0.36 points to 11.16 in late trade.
The worst performers of the session were Telefonica Brasil SA (SA:VIVT4), which fell 6.92% or 3.24 points to trade at 43.60 at the close. Qualicorp SA (SA:QUAL3) declined 2.29% or 0.48 points to end at 20.52 and Smiles ON (SA:SMLE3) was down 1.98% or 1.10 points to 54.40.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 222 to 156 and 27 ended unchanged.
Shares in Vale SA (SA:VALE5) rose to 52-week highs; up 5.99% or 0.96 to 16.99.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.15% to 34.17.
Gold for December delivery was up 0.76% or 9.55 to $1261.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 2.83% or 1.41 to hit $51.22 a barrel, while the December US coffee C contract rose 3.13% or 4.63 to trade at $152.48 .
USD/BRL was down 0.58% to 3.2017, while EUR/BRL fell 1.19% to 3.5651.
The US Dollar Index was up 0.41% at 96.92.