Brazil shares higher at close of trade; Bovespa up 1.33%

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

At the close in Sao Paulo, the Bovespa rose 1.33% to hit a new all time high.

The biggest gainers of the session on the Bovespa were Cosan SA Industria e Comercio (SA: CSAN3 ), which rose 11.45% or 3.74 points to trade at 36.39 at the close. Kroton Educacional SA (SA: KROT3 ) added 6.60% or 0.76 points to end at 12.28 and Gol Linhas Aereas Inteligentes SA Pref (SA: GOLL4 ) was up 5.97% or 1.15 points to 20.40 in late trade.

Biggest losers included Ultrapar Participacoes SA (SA: UGPA3 ), which lost 2.92% or 1.29 points to trade at 42.96 in late trade. Lojas Americanas SA (SA: LAME4 ) declined 2.17% or 0.40 points to end at 18.00 and Smiles Fidelidade SA (SA: SMLS3 ) shed 1.88% or 0.71 points to 36.99.

Advancing stocks outnumbered falling ones by 316 to 159 and 23 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 0.82% to 40.38.

In commodities trading, Gold Futures for December delivery was up 0.19% or 2.40 to $1233.30 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.62% or 0.39 to hit $62.75 a barrel, while the December US coffee C contract fell 2.58% or 3.10 to trade at $116.95 .

USD/BRL was up 0.80% to 3.7260, while EUR/BRL rose 0.97% to 4.2509.

The US Dollar Index Futures was down 0.22% at 96.13.