Investing.com – Brazil stocks were higher after the close on Monday, as gains in the Basic Materials, Electric Power and Industrials sectors led shares higher.
At the close in Sao Paulo, the Bovespa added 0.37% to hit a new 1-month high.
The best performers of the session on the Bovespa were Cia Siderurgica Nacional SA (SA:CSNA3), which rose 6.06% or 0.44 points to trade at 7.70 at the close. Meanwhile, Usinas Siderurgicas de Minas Gerais (SA:USIM5) added 6.04% or 0.25 points to end at 4.39 and Metalurgica Gerdau SA (SA:GOAU4) was up 4.29% or 0.19 points to 4.62 in late trade.
The worst performers of the session were Marfrig Alimentos SA (SA:MRFG3), which fell 4.29% or 0.33 points to trade at 7.36 at the close. Centrais Eletricas Brasileiras SA (SA:ELET3) declined 2.57% or 0.45 points to end at 17.05 and Cia de Saneamento Basico do Estado (SA:SBSP3) was down 2.36% or 0.73 points to 30.25.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 198 to 182 and 40 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 3.31% to 32.50.
Gold Futures for June delivery was up 0.21% or 2.58 to $1230.28 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 1.94% or 0.93 to hit $48.77 a barrel, while the July US coffee C contract fell 1.09% or 1.47 to trade at $133.35 .
USD/BRL was down 0.50% to 3.1081, while EUR/BRL fell 0.08% to 3.4121.
The US Dollar Index Futures was down 0.25% at 98.80.