Investing.com – Brazil stocks were higher after the close on Tuesday, as gains in the Basic Materials, Financials and Public Utilities sectors led shares higher.
At the close in Sao Paulo, the Bovespa rose 0.32%.
The best performers of the session on the Bovespa were Braskem SA (SA:BRKM5), which rose 4.73% or 1.48 points to trade at 32.75 at the close. Meanwhile, Bradespar SA (SA:BRAP4) added 2.84% or 0.55 points to end at 19.90 and Localiza Rent a Car SA (SA:RENT3) was up 2.72% or 1.00 points to 37.75 in late trade.
The worst performers of the session were Estacio Participacoes SA (SA:ESTC3), which fell 3.39% or 0.51 points to trade at 14.55 at the close. Qualicorp SA (SA:QUAL3) declined 2.15% or 0.43 points to end at 19.53 and EcoRodovias SA (SA:ECOR3) was down 1.74% or 0.15 points to 8.45.
Falling stocks outnumbered advancing ones on the Sao Paulo Stock Exchange by 211 to 185 and 41 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.85% to 27.66 a new 52-week low.
Gold Futures for April delivery was up 0.22% or 2.75 to $1234.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.55% or 0.82 to hit $52.19 a barrel, while the March US coffee C contract fell 0.93% or 1.34 to trade at $142.73 .
USD/BRL was up 0.20% to 3.1219, while EUR/BRL fell 0.37% to 3.3377.
The US Dollar Index Futures was up 0.42% at 100.26.