Investing.com – Brazil stocks were higher after the close on Monday, as gains in the Financials, Basic Materials and Real Estate sectors led shares higher.
At the close in Sao Paulo, the Bovespa gained 1.80%.
The best performers of the session on the Bovespa were Banco do Brasil SA (SA:BBAS3), which rose 5.85% or 1.49 points to trade at 26.97 at the close. Meanwhile, Banco Bradesco SA Pref (SA:BBDC4) added 4.51% or 1.19 points to end at 27.60 and Usinas Siderurgicas de Minas Gerais (SA:USIM5) was up 4.29% or 0.18 points to 4.38 in late trade.
The worst performers of the session were Estacio Participacoes SA (SA:ESTC3), which fell 1.79% or 0.28 points to trade at 15.40 at the close. Embraer SA (SA:EMBR3) declined 1.77% or 0.28 points to end at 15.55 and Qualicorp SA (SA:QUAL3) was down 1.76% or 0.54 points to 30.11.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 230 to 158 and 37 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 3.47% to 30.99.
Gold Futures for August delivery was down 0.90% or 11.32 to $1245.08 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.93% or 0.40 to hit $43.41 a barrel, while the September US coffee C contract rose 1.14% or 1.40 to trade at $124.70 .
USD/BRL was down 1.26% to 3.3013, while EUR/BRL fell 1.35% to 3.6914.
The US Dollar Index Futures was up 0.13% at 97.11.