Investing.com – Brazil equities were higher at the close on Tuesday, as gains in the Basic Materials, Industrials and Electric Power sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa rose 0.13%.
The biggest gainers of the session on the Bovespa were Cia Siderurgica Nacional SA (SA:CSNA3), which rose 5.61% or 0.57 points to trade at 10.73 at the close. Metalurgica Gerdau SA (SA:GOAU4) added 4.11% or 0.19 points to end at 4.81 and Lojas Renner SA (SA:LREN3) was up 3.67% or 0.80 points to 22.60 in late trade.
Biggest losers included Cosan SA Industria e Comercio (SA:CSAN3), which lost 2.16% or 0.79 points to trade at 35.71 in late trade. Cielo SA (SA:CIEL3) declined 2.14% or 0.60 points to end at 27.40 and Qualicorp SA (SA:QUAL3) shed 1.54% or 0.29 points to 18.59.
Declining stocks outnumbered rising ones by 196 to 180 and 32 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 2.77% to 35.30.
In commodities trading, Gold for February delivery was up 0.60% or 6.75 to $1140.35 a troy ounce. Meanwhile, Crude oil for delivery in February rose 1.53% or 0.81 to hit $53.83 a barrel, while the March US coffee C contract fell 1.12% or 1.52 to trade at $134.68 .
USD/BRL was down 0.09% to 3.2710, while EUR/BRL fell 0.11% to 3.4204.
The US Dollar Index was up 0.08% at 103.03.