Investing.com – Brazil equities were higher at the close on Tuesday, as gains in the Basic Materials, Financials and Industrials sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa rose 0.85%.
The biggest gainers of the session on the Bovespa were Bradespar SA (SA:BRAP4), which rose 4.67% or 0.99 points to trade at 22.19 at the close. Vale SA (SA:VALE3) added 3.86% or 1.14 points to end at 30.65 and Cia Siderurgica Nacional SA (SA:CSNA3) was up 3.57% or 0.32 points to 9.29 in late trade.
Biggest losers included CEMIG - Companhia Energetica Minas Gerais Pref (SA:CMIG4), which lost 3.12% or 0.32 points to trade at 9.93 in late trade. Telefonica Brasil SA (SA:VIVT4) declined 1.93% or 0.90 points to end at 45.79 and Cosan SA Industria e Comercio (SA:CSAN3) shed 1.75% or 0.68 points to 38.22.
Advancing stocks outnumbered falling ones by 195 to 157 and 37 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.97% to 29.69 a new 1-month low.
In commodities trading, Gold Futures for June delivery was up 0.35% or 4.35 to $1258.35 a troy ounce. Meanwhile, Crude oil for delivery in May rose 1.63% or 0.82 to hit $51.06 a barrel, while the May US coffee C contract rose 0.11% or 0.15 to trade at $137.77 .
USD/BRL was down 0.56% to 3.0969, while EUR/BRL fell 0.56% to 3.3044.
The US Dollar Index Futures was up 0.07% at 100.43.