Investing.com – Brazil stocks were higher after the close on Monday, as gains in the Basic Materials, Public Utilities and Real Estate sectors led shares higher.
At the close in Sao Paulo, the Bovespa added 1.85%.
The best performers of the session on the Bovespa were Banco do Brasil SA (SA:BBAS3), which rose 7.84% or 2.06 points to trade at 28.33 at the close. Meanwhile, Petroleo Brasileiro SA PN (SA:PETR4) added 7.30% or 1.06 points to end at 15.58 and Vale SA (SA:VALE5) was up 5.54% or 1.23 points to 23.43 in late trade.
The worst performers of the session were Embraer SA (SA:EMBR3), which fell 2.97% or 0.52 points to trade at 16.99 at the close. JBS SA (SA:JBSS3) declined 2.96% or 0.30 points to end at 9.85 and WEG SA (SA:WEGE3) was down 2.92% or 0.48 points to 15.95.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 213 to 188 and 38 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 6.30% to 36.89.
Gold for December delivery was up 0.26% or 3.15 to $1211.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 4.31% or 2.00 to hit $48.36 a barrel, while the March US coffee C contract rose 0.54% or 0.88 to trade at $162.98 .
USD/BRL was down 0.91% to 3.3525, while EUR/BRL fell 0.64% to 3.5601.
The US Dollar Index was down 0.35% at 101.05.