Investing.com – Brazil equities were higher at the close on Monday, as gains in the Real Estate, Public Utilities and Financials sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa gained 4.60% to hit a new 3-month high.
The biggest gainers of the session on the Bovespa were Gol Linhas Aereas Inteligentes SA Pref (SA:GOLL4), which rose 18.55% or 2.30 points to trade at 14.70 at the close. Centrais Eletricas Brasileiras SA (SA:ELET6) added 18.31% or 4.14 points to end at 26.75 and Centrais Eletricas Brasileiras SA (SA:ELET3) was up 17.33% or 3.25 points to 22.00 in late trade.
Biggest losers included Bradespar SA (SA:BRAP4), which lost 1.60% or 0.56 points to trade at 34.42 in late trade. Gerdau SA Pref (SA:GGBR4) declined 1.20% or 0.19 points to end at 15.61 and Klabin Unt (SA:KLBN11) shed 0.93% or 0.17 points to 18.16.
Advancing stocks outnumbered falling ones by 291 to 184 and 32 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 16.67% to 46.38.
In commodities trading, Gold Futures for December delivery was down 1.16% or 14.00 to $1191.60 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.16% or 0.12 to hit $74.22 a barrel, while the December US coffee C contract rose 2.59% or 2.82 to trade at $111.90 .
USD/BRL was down 1.98% to 3.7650, while EUR/BRL fell 2.22% to 4.3276.
The US Dollar Index Futures was up 0.10% at 95.41.