Investing.com – Brazil equities were higher at the close on Tuesday, as gains in the Real Estate, Basic Materials and Public Utilities sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa rose 0.31% to hit a new 1-month high.
The biggest gainers of the session on the Bovespa were Cia de Saneamento Basico do Estado (SA:SBSP3), which rose 6.81% or 2.06 points to trade at 32.31 at the close. Qualicorp SA (SA:QUAL3) added 5.48% or 1.46 points to end at 28.09 and Metalurgica Gerdau SA (SA:GOAU4) was up 4.98% or 0.23 points to 4.85 in late trade.
Biggest losers included JBS SA (SA:JBSS3), which lost 8.62% or 0.93 points to trade at 9.86 in late trade. WEG SA (SA:WEGE3) declined 4.51% or 0.92 points to end at 19.50 and Centrais Eletricas Brasileiras SA (SA:ELET6) shed 4.01% or 0.85 points to 20.36.
Advancing stocks outnumbered falling ones by 216 to 174 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 0.83% to 32.23.
In commodities trading, Gold Futures for June delivery was up 0.56% or 6.90 to $1236.90 a troy ounce. Meanwhile, Crude oil for delivery in June fell 1.11% or 0.54 to hit $48.31 a barrel, while the July US coffee C contract fell 1.33% or 1.78 to trade at $131.57 .
USD/BRL was down 0.43% to 3.0975, while EUR/BRL rose 0.61% to 3.4349.
The US Dollar Index Futures was down 0.77% at 98.05.