Investing.com – Brazil stocks were higher after the close on Monday, as gains in the Financials, Basic Materials and Electric Power sectors led shares higher.
At the close in Sao Paulo, the Bovespa added 1.70% to hit a new all time high.
The best performers of the session on the Bovespa were Centrais Eletricas Brasileiras SA (SA:ELET3), which rose 7.06% or 1.39 points to trade at 21.09 at the close. Meanwhile, Centrais Eletricas Brasileiras SA (SA:ELET6) added 5.97% or 1.37 points to end at 24.33 and Cia Siderurgica Nacional SA (SA:CSNA3) was up 5.00% or 0.50 points to 10.50 in late trade.
The worst performers of the session were JBS SA (SA:JBSS3), which fell 0.73% or 0.06 points to trade at 8.13 at the close. BB Seguridade Participacoes SA (SA:BBSE3) declined 0.69% or 0.20 points to end at 28.90 and Fibria Celulose SA (SA:FIBR3) was down 0.37% or 0.16 points to 43.08.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 318 to 109 and 28 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 7.15% to 29.39 a new 1-month high.
Gold Futures for December delivery was down 1.39% or 18.84 to $1332.36 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.20% or 0.57 to hit $48.05 a barrel, while the December US coffee C contract rose 0.87% or 1.13 to trade at $131.70 .
USD/BRL was up 0.64% to 3.1062, while EUR/BRL fell 0.02% to 3.7131.
The US Dollar Index Futures was up 0.68% at 91.93.