Brazil shares higher at close of trade; Bovespa up 0.02%

Investing.com – Brazil equities were higher at the close on Tuesday, as gains in the Real Estate , Public Utilities and Electric Power sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa gained 0.02% to hit a new 3-month high.

The biggest gainers of the session on the Bovespa were Marfrig Alimentos SA (SA: MRFG3 ), which rose 7.59% or 0.41 points to trade at 5.81 at the close. Centrais Eletricas Brasileiras SA (SA: ELET3 ) added 3.68% or 0.81 points to end at 22.81 and RUMO Logistica Operadora Multimodal SA (SA: RAIL3 ) was up 3.58% or 0.54 points to 15.61 in late trade.

Biggest losers included Estacio Participacoes SA (SA: ESTC3 ), which lost 5.01% or 1.28 points to trade at 24.25 in late trade. Cielo SA (SA: CIEL3 ) declined 3.67% or 0.47 points to end at 12.33 and BRF SA (SA: BRFS3 ) shed 3.65% or 0.82 points to 21.65.

Advancing stocks outnumbered falling ones by 253 to 225 and 38 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 2.78% to 45.09.

In commodities trading, Gold Futures for December delivery was up 0.38% or 4.50 to $1193.10 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.66% or 0.49 to hit $74.78 a barrel, while the December US coffee C contract rose 1.25% or 1.40 to trade at $113.30 .

USD/BRL was down 1.43% to 3.7238, while EUR/BRL fell 1.39% to 4.2811.

The US Dollar Index Futures was down 0.10% at 95.34.