Investing.com – Brazil equities were higher at the close on Tuesday, as gains in the Financials, Consumption and Industrials sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa rose 1.93% to hit a new 1-month high.
The biggest gainers of the session on the Bovespa were Metalurgica Gerdau SA (SA:GOAU4), which rose 5.83% or 0.42 points to trade at 7.62 at the close. Viavarejo Unt (SA:VVAR11) added 5.03% or 0.88 points to end at 18.38 and Localiza Rent a Car SA (SA:RENT3) was up 4.49% or 1.05 points to 24.44 in late trade.
Biggest losers included Estacio Participacoes SA (SA:ESTC3), which lost 4.10% or 1.10 points to trade at 25.70 in late trade. Engie Brasil Energia SA (SA:EGIE3) declined 1.96% or 0.71 points to end at 35.50 and Suzano Papel e Celulose SA (SA:SUZB3) shed 1.40% or 0.62 points to 43.69.
Advancing stocks outnumbered falling ones by 271 to 147 and 24 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.60% to 31.14 a new 1-month low.
In commodities trading, Gold Futures for August delivery was down 0.96% or 11.90 to $1227.80 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.03% or 0.02 to hit $67.09 a barrel, while the September US coffee C contract fell 1.18% or 1.30 to trade at $109.12 .
USD/BRL was down 0.46% to 3.8452, while EUR/BRL fell 0.87% to 4.4845.
The US Dollar Index Futures was up 0.48% at 94.72.