Investing.com – Brazil stocks were higher after the close on Tuesday, as gains in the Financials, Real Estate and Public Utilities sectors led shares higher.
At the close in Sao Paulo, the Bovespa rose 4.76%.
The best performers of the session on the Bovespa were Hypermarcas SA (SA:HYPE3), which rose 21.14% or 3.70 points to trade at 21.20 at the close. Meanwhile, Cia Siderurgica Nacional SA (SA:CSNA3) added 16.59% or 0.72 points to end at 5.06 and Petroleo Brasileiro SA (SA:PETR3) was up 12.58% or 1.18 points to 10.56 in late trade.
The worst performers of the session were BRF SA (SA:BRFS3), which fell 3.79% or 2.28 points to trade at 57.82 at the close. JBS SA (SA:JBSS3) declined 2.88% or 0.41 points to end at 13.84 and Fibria Celulose SA (SA:FIBR3) was down 2.22% or 1.17 points to 51.47.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 196 to 114 and 5 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 3.35% to 41.26 a new 1-month low.
Gold for December delivery was down 1.63% or 18.50 to $1117.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 3.68% or 1.70 to hit $47.84 a barrel, while the December US coffee C contract rose 1.18% or 1.40 to trade at $120.08 .
USD/BRL was down 2.11% to 3.7696, while EUR/BRL fell 2.59% to 4.1324.
The US Dollar Index was up 0.26% at 97.25.