Investing.com – Brazil equities were higher at the close on Monday, as gains in the Basic Materials, Financials and Telecoms sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa gained 0.52% to hit a new 1-month high.
The biggest gainers of the session on the Bovespa were Viavarejo Unt (SA:VVAR11), which rose 6.00% or 1.20 points to trade at 21.20 at the close. Marfrig Alimentos SA (SA:MRFG3) added 3.04% or 0.24 points to end at 8.14 and Banco Santander Brasil SA Unit (SA:SANB11) was up 2.47% or 0.89 points to 36.89 in late trade.
Biggest losers included JBS SA (SA:JBSS3), which lost 5.50% or 0.53 points to trade at 9.10 in late trade. Kroton Educacional SA (SA:KROT3) declined 2.48% or 0.29 points to end at 11.39 and Gol Linhas Aereas Inteligentes SA Pref (SA:GOLL4) shed 2.36% or 0.35 points to 14.45.
Declining stocks outnumbered rising ones by 225 to 218 and 43 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.15% to 31.65.
In commodities trading, Gold Futures for August delivery was down 0.22% or 2.70 to $1220.30 a troy ounce. Meanwhile, Crude oil for delivery in September rose 1.95% or 1.34 to hit $70.03 a barrel, while the September US coffee C contract rose 0.96% or 1.06 to trade at $111.28 .
USD/BRL was up 0.37% to 3.7256, while EUR/BRL rose 0.81% to 4.3616.
The US Dollar Index Futures was down 0.34% at 94.15.