Investing.com – Brazil stocks were higher after the close on Monday, as gains in the Financials, Telecoms and Industrials sectors led shares higher.
At the close in Sao Paulo, the Bovespa added 0.77%.
The best performers of the session on the Bovespa were Petroleo Brasileiro SA (SA:PETR3), which rose 6.72% or 0.59 points to trade at 9.37 at the close. Meanwhile, Petroleo Brasileiro SA (SA:PETR4) added 5.64% or 0.41 points to end at 7.68 and BB Seguridade Participacoes SA (SA:BBSE3) was up 3.02% or 0.83 points to 28.32 in late trade.
The worst performers of the session were Metalurgica Gerdau SA (SA:GOAU4), which fell 6.15% or 0.15 points to trade at 2.29 at the close. Smiles ON (SA:SMLE3) declined 4.55% or 1.50 points to end at 31.50 and Gol Linhas Aereas Inteligentes SA (SA:GOLL4) was down 4.19% or 0.15 points to 3.43.
Falling stocks outnumbered advancing ones on the Sao Paulo Stock Exchange by 173 to 155 and 5 ended unchanged.
Shares in Metalurgica Gerdau SA (SA:GOAU4) fell to 5-year lows; down 6.15% or 0.15 to 2.29. Shares in Gol Linhas Aereas Inteligentes SA (SA:GOLL4) fell to all time lows; down 4.19% or 0.15 to 3.43.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.43% to 46.51.
Gold for December delivery was up 0.15% or 1.60 to $1082.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.80% or 1.14 to hit $41.88 a barrel, while the March US coffee C contract rose 2.29% or 2.65 to trade at $118.45 .
USD/BRL was down 0.86% to 3.8142, while EUR/BRL fell 1.65% to 4.0764.
The US Dollar Index was up 0.59% at 99.47.