Investing.com – Brazil equities were higher at the close on Monday, as gains in the Basic Materials, Public Utilities and Electric Power sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa rose 0.92% to hit a new 52-week high.
The biggest gainers of the session on the Bovespa were Vale SA (SA:VALE5), which rose 5.99% or 0.96 points to trade at 16.99 at the close. Vale SA (SA:VALE3) added 5.83% or 1.05 points to end at 19.05 and Bradespar SA (SA:BRAP4) was up 3.33% or 0.36 points to 11.16 in late trade.
Biggest losers included Telefonica Brasil SA (SA:VIVT4), which lost 6.92% or 3.24 points to trade at 43.60 in late trade. Qualicorp SA (SA:QUAL3) declined 2.29% or 0.48 points to end at 20.52 and Smiles ON (SA:SMLE3) shed 1.98% or 1.10 points to 54.40.
Advancing stocks outnumbered falling ones by 222 to 156 and 27 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.15% to 34.17.
In commodities trading, Gold for December delivery was up 0.76% or 9.55 to $1261.45 a troy ounce. Meanwhile, Crude oil for delivery in November rose 2.83% or 1.41 to hit $51.22 a barrel, while the December US coffee C contract rose 3.13% or 4.63 to trade at $152.48 .
USD/BRL was down 0.58% to 3.2017, while EUR/BRL fell 1.19% to 3.5651.
The US Dollar Index was up 0.41% at 96.92.