Investing.com – Brazil equities were higher at the close on Monday, as gains in the Financials, Public Utilities and Real Estate sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa added 1.50% to hit a new 3-year high.
The biggest gainers of the session on the Bovespa were Banco do Brasil SA (SA:BBAS3), which rose 5.86% or 1.52 points to trade at 27.48 at the close. Petroleo Brasileiro SA PN (SA:PETR4) added 3.94% or 0.64 points to end at 16.90 and CCR SA (SA:CCRO3) was up 3.86% or 0.65 points to 17.50 in late trade.
Biggest losers included Qualicorp SA (SA:QUAL3), which lost 4.11% or 0.85 points to trade at 19.85 in late trade. Marfrig Alimentos SA (SA:MRFG3) declined 2.15% or 0.13 points to end at 5.93 and Cyrela Brazil Realty SA (SA:CYRE3) shed 1.85% or 0.20 points to 10.61.
Advancing stocks outnumbered falling ones by 207 to 157 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 3.20% to 32.99.
In commodities trading, Gold for December delivery was up 0.01% or 0.15 to $1255.65 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.87% or 0.44 to hit $49.91 a barrel, while the December US coffee C contract rose 1.20% or 1.86 to trade at $156.98 .
USD/BRL was down 0.11% to 3.2022, while EUR/BRL rose 0.11% to 3.5217.
The US Dollar Index was down 0.20% at 97.88.