Investing.com – Brazil stocks were higher after the close on Tuesday, as gains in the Public Utilities, Electric Power and Financials sectors led shares higher.
At the close in Sao Paulo, the Bovespa added 1.55%.
The best performers of the session on the Bovespa were Petroleo Brasileiro SA (SA:PETR4), which rose 4.78% or 0.42 points to trade at 9.20 at the close. Meanwhile, Vale SA (SA:VALE5) added 4.75% or 0.57 points to end at 12.56 and Vale SA (SA:VALE3) was up 4.46% or 0.66 points to 15.46 in late trade.
The worst performers of the session were Hypermarcas SA (SA:HYPE3), which fell 8.47% or 2.40 points to trade at 25.95 at the close. Klabin Unt (SA:KLBN11) declined 4.00% or 0.63 points to end at 15.12 and Fibria Celulose SA (SA:FIBR3) was down 3.52% or 0.82 points to 22.48.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 187 to 144 and 13 ended unchanged.
Shares in Klabin Unt (SA:KLBN11) fell to 52-week lows; falling 4.00% or 0.63 to 15.12. Shares in Fibria Celulose SA (SA:FIBR3) fell to 52-week lows; down 3.52% or 0.82 to 22.48.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 8.53% to 38.62.
Gold for August delivery was down 0.76% or 10.10 to $1314.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 3.69% or 1.71 to hit $48.04 a barrel, while the September US coffee C contract rose 3.57% or 4.86 to trade at $140.88 .
USD/BRL was down 2.69% to 3.3019, while EUR/BRL fell 2.17% to 3.6593.
The US Dollar Index was down 0.46% at 96.11.