Investing.com – Brazil stocks were higher after the close on Tuesday, as gains in the Public Utilities, Basic Materials and Real Estate sectors led shares higher.
At the close in Sao Paulo, the Bovespa gained 0.28%.
The best performers of the session on the Bovespa were Oi SA (SA:OIBR4), which rose 9.09% or 0.12 points to trade at 1.44 at the close. Meanwhile, Natura Cosmeticos SA (SA:NATU3) added 6.58% or 1.69 points to end at 27.36 and Vale SA (SA:VALE5) was up 4.15% or 0.41 points to 10.28 in late trade.
The worst performers of the session were JBS SA (SA:JBSS3), which fell 3.77% or 0.48 points to trade at 12.26 at the close. BB Seguridade Participacoes SA (SA:BBSE3) declined 3.64% or 1.01 points to end at 26.73 and Usinas Siderurgicas de Minas Gerais (SA:USIM5) was down 3.45% or 0.06 points to 1.68.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 177 to 126 and 6 ended unchanged.
Shares in Usinas Siderurgicas de Minas Gerais (SA:USIM5) fell to 5-year lows; down 3.45% or 0.06 to 1.68.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 6.07% to 51.09.
Gold for February delivery was down 0.24% or 2.50 to $1060.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 2.88% or 1.04 to hit $37.35 a barrel, while the March US coffee C contract fell 0.79% or 0.95 to trade at $119.78 .
USD/BRL was up 0.05% to 3.8805, while EUR/BRL fell 0.62% to 4.2374.
The US Dollar Index was up 0.53% at 98.26.