Investing.com – Brazil equities were higher at the close on Tuesday, as gains in the Basic Materials, Consumption and Electric Power sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa added 0.55% to hit a new 1-month high.
The biggest gainers of the session on the Bovespa were Metalurgica Gerdau SA (SA:GOAU4), which rose 7.11% or 0.150 points to trade at 2.260 at the close. Gerdau SA (SA:GGBR4) added 5.90% or 0.37 points to end at 6.64 and Vale SA (SA:VALE3) was up 4.92% or 0.83 points to 17.69 in late trade.
Biggest losers included Cia Energetica de Sao Paulo (SA:CESP6), which lost 2.98% or 0.39 points to trade at 12.70 in late trade. Banco Santander Brasil SA (SA:SANB11) declined 2.61% or 0.50 points to end at 18.65 and Multiplan SA (SA:MULT3) shed 2.21% or 1.37 points to 60.59.
Advancing stocks outnumbered falling ones by 166 to 136 and 18 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 0.28% to 35.60.
In commodities trading, Gold for August delivery was down 1.67% or 22.65 to $1333.95 a troy ounce. Meanwhile, Crude oil for delivery in August rose 3.82% or 1.71 to hit $46.47 a barrel, while the September US coffee C contract fell 1.17% or 1.75 to trade at $147.43 .
USD/BRL was down 0.36% to 3.2969, while EUR/BRL fell 0.31% to 3.6475.
The US Dollar Index was down 0.05% at 96.53.