Investing.com – Brazil stocks were higher after the close on Monday, as gains in the Financials, Public Utilities and Electric Power sectors led shares higher.
At the close in Sao Paulo, the Bovespa gained 2.38%.
The best performers of the session on the Bovespa were Petroleo Brasileiro SA (SA:PETR4), which rose 8.07% or 0.63 points to trade at 8.44 at the close. Meanwhile, Petroleo Brasileiro SA (SA:PETR3) added 6.41% or 0.64 points to end at 10.63 and Cyrela Brazil Realty SA (SA:CYRE3) was up 5.95% or 0.59 points to 10.50 in late trade.
The worst performers of the session were Estacio Participacoes SA (SA:ESTC3), which fell 7.11% or 0.86 points to trade at 11.24 at the close. Fibria Celulose SA (SA:FIBR3) declined 6.65% or 2.30 points to end at 32.30 and Kroton Educacional SA (SA:KROT3) was down 4.52% or 0.530 points to 11.190.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 207 to 118 and 20 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.43% to 54.48.
Gold for June delivery was down 0.16% or 2.00 to $1221.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.18% or 0.07 to hit $39.39 a barrel, while the May US coffee C contract rose 0.65% or 0.83 to trade at $128.50 .
USD/BRL was down 1.40% to 3.6320, while EUR/BRL unchanged 0.00% to 4.1019.
The US Dollar Index was down 0.20% at 95.98.