Investing.com – Brazil stocks were higher after the close on Tuesday, as gains in the Basic Materials, Financials and Consumption sectors led shares higher.
At the close in Sao Paulo, the Bovespa gained 0.87% to hit a new 1-month high.
The best performers of the session on the Bovespa were Vale SA (SA:VALE3), which rose 5.08% or 1.48 points to trade at 30.61 at the close. Meanwhile, Bradespar SA (SA:BRAP4) added 4.98% or 1.06 points to end at 22.35 and Vale SA Pref (SA:VALE5) was up 4.67% or 1.28 points to 28.66 in late trade.
The worst performers of the session were Qualicorp SA (SA:QUAL3), which fell 3.33% or 1.06 points to trade at 30.74 at the close. Natura Cosmeticos SA (SA:NATU3) declined 3.05% or 0.71 points to end at 22.59 and Cyrela Brazil Realty SA (SA:CYRE3) was down 2.43% or 0.30 points to 12.07.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 204 to 172 and 30 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.53% to 25.01 a new 52-week low.
Gold Futures for August delivery was down 0.29% or 3.64 to $1250.66 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 4.62% or 2.14 to hit $48.48 a barrel, while the September US coffee C contract fell 1.49% or 1.98 to trade at $130.72 .
USD/BRL was up 0.70% to 3.1691, while EUR/BRL rose 0.68% to 3.6896.
The US Dollar Index Futures was up 0.13% at 93.94.