Investing.com – Brazil equities were higher at the close on Tuesday, as gains in the Basic Materials, Electric Power and Industrials sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa added 0.70% to hit a new 1-month high.
The biggest gainers of the session on the Bovespa were Vale SA (SA:VALE3), which rose 7.70% or 2.04 points to trade at 28.54 at the close. Vale SA Pref (SA:VALE5) added 6.30% or 1.55 points to end at 26.17 and Bradespar SA (SA:BRAP4) was up 5.51% or 0.86 points to 16.48 in late trade.
Biggest losers included Cielo SA (SA:CIEL3), which lost 3.35% or 0.92 points to trade at 26.58 in late trade. Qualicorp SA (SA:QUAL3) declined 2.49% or 0.49 points to end at 19.22 and Cosan SA Industria e Comercio (SA:CSAN3) shed 2.41% or 0.93 points to 37.58.
Advancing stocks outnumbered falling ones by 166 to 165 and 34 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 3.19% to 33.68 a new 1-month low.
In commodities trading, Gold for February delivery was up 0.12% or 1.45 to $1186.35 a troy ounce. Meanwhile, Crude oil for delivery in February fell 2.10% or 1.09 to hit $50.87 a barrel, while the March US coffee C contract rose 2.04% or 2.95 to trade at $147.52 .
USD/BRL was down 0.05% to 3.1952, while EUR/BRL fell 0.15% to 3.3741.
The US Dollar Index was up 0.06% at 101.98.