Investing.com – Brazil stocks were higher after the close on Tuesday, as gains in the Consumption, Public Utilities and Basic Materials sectors led shares higher.
At the close in Sao Paulo, the Bovespa rose 1.97%.
The best performers of the session on the Bovespa were Gerdau SA Pref (SA:GGBR4), which rose 6.65% or 1.04 points to trade at 16.67 at the close. Meanwhile, Viavarejo Unt (SA:VVAR11) added 4.88% or 0.79 points to end at 16.98 and Usinas Siderurgicas de Minas Gerais (SA:USIM5) was up 5.12% or 0.39 points to 8.00 in late trade.
The worst performers of the session were Suzano Papel e Celulose SA (SA:SUZB3), which fell 4.24% or 2.18 points to trade at 49.22 at the close. Telefonica Brasil SA (SA:VIVT4) declined 3.97% or 1.60 points to end at 38.75 and Cielo SA (SA:CIEL3) was down 2.33% or 0.33 points to 13.86.
Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 277 to 168 and 45 ended unchanged.
Shares in Telefonica Brasil SA (SA:VIVT4) fell to 52-week lows; losing 3.97% or 1.60 to 38.75.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 8.53% to 49.98.
Gold Futures for December delivery was down 0.23% or 2.80 to $1203.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.50% or 1.03 to hit $69.71 a barrel, while the December US coffee C contract fell 1.44% or 1.40 to trade at $95.85 .
USD/BRL was up 0.48% to 4.1531, while EUR/BRL rose 0.32% to 4.8452.
The US Dollar Index Futures was up 0.11% at 94.19.