Investing.com – Brazil stocks were higher after the close on Tuesday, as gains in the Electric Power, Consumption and Public Utilities sectors led shares higher.
At the close in Sao Paulo, the Bovespa added 1.01%.
The best performers of the session on the Bovespa were Localiza Rent a Car SA (SA:RENT3), which rose 5.24% or 1.83 points to trade at 36.76 at the close. Meanwhile, Smiles ON (SA:SMLE3) added 5.10% or 2.34 points to end at 48.20 and Kroton Educacional SA (SA:KROT3) was up 5.03% or 0.660 points to 13.790 in late trade.
The worst performers of the session were Banco do Brasil SA (SA:BBAS3), which fell 4.46% or 0.74 points to trade at 15.85 at the close. Qualicorp SA (SA:QUAL3) declined 2.97% or 0.54 points to end at 17.65 and Equatorial Energia SA (SA:EQTL3) was down 1.66% or 0.80 points to 47.28.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 164 to 129 and 21 ended unchanged.
Shares in Localiza Rent a Car SA (SA:RENT3) rose to 52-week highs; rising 5.24% or 1.83 to 36.76. Shares in Kroton Educacional SA (SA:KROT3) rose to 52-week highs; gaining 5.03% or 0.660 to 13.790.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.49% to 40.95.
Gold for August delivery was down 1.72% or 22.25 to $1269.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.74% or 0.37 to hit $50.33 a barrel, while the September US coffee C contract fell 0.01% or 0.02 to trade at $141.60 .
USD/BRL was up 0.60% to 3.4150, while EUR/BRL rose 0.12% to 3.8447.
The US Dollar Index was up 0.47% at 94.12.