Investing.com – Brazil stocks were higher after the close on Monday, as gains in the Electric Power, Public Utilities and Industrials sectors led shares higher.
At the close in Sao Paulo, the Bovespa gained 0.70% to hit a new 6-months high.
The best performers of the session on the Bovespa were Cia Paranaense de Energia (SA:CPLE6), which rose 8.65% or 2.42 points to trade at 30.39 at the close. Meanwhile, Tim Participacoes SA (SA:TIMP3) added 4.08% or 0.32 points to end at 8.16 and EDP - Energias do Brasil SA (SA:ENBR3) was up 3.88% or 0.50 points to 13.40 in late trade.
The worst performers of the session were Oi SA (SA:OIBR3), which fell 3.39% or 0.04 points to trade at 1.14 at the close. JBS SA (SA:JBSS3) declined 3.01% or 0.36 points to end at 11.59 and Metalurgica Gerdau SA (SA:GOAU4) was down 2.36% or 0.05 points to 2.07.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 202 to 106 and 23 ended unchanged.
Shares in EDP - Energias do Brasil SA (SA:ENBR3) rose to 3-years highs; rising 3.88% or 0.50 to 13.40.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 4.23% to 49.76.
Gold for April delivery was down 0.81% or 10.20 to $1244.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 1.17% or 0.48 to hit $41.62 a barrel, while the May US coffee C contract fell 1.77% or 2.37 to trade at $131.35 .
USD/BRL was down 0.25% to 3.6126, while EUR/BRL fell 0.18% to 4.0606.
The US Dollar Index was up 0.35% at 95.40.