Investing.com – Brazil equities were higher at the close on Tuesday, as gains in the Public Utilities, Electric Power and Financials sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa gained 1.55%.
The biggest gainers of the session on the Bovespa were Petroleo Brasileiro SA (SA:PETR4), which rose 4.78% or 0.42 points to trade at 9.20 at the close. Vale SA (SA:VALE5) added 4.75% or 0.57 points to end at 12.56 and Vale SA (SA:VALE3) was up 4.46% or 0.66 points to 15.46 in late trade.
Biggest losers included Hypermarcas SA (SA:HYPE3), which lost 8.47% or 2.40 points to trade at 25.95 in late trade. Klabin Unt (SA:KLBN11) declined 4.00% or 0.63 points to end at 15.12 and Fibria Celulose SA (SA:FIBR3) shed 3.52% or 0.82 points to 22.48.
Advancing stocks outnumbered falling ones by 187 to 144 and 13 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 8.53% to 38.62.
In commodities trading, Gold for August delivery was down 0.76% or 10.10 to $1314.60 a troy ounce. Meanwhile, Crude oil for delivery in August rose 3.69% or 1.71 to hit $48.04 a barrel, while the September US coffee C contract rose 3.57% or 4.86 to trade at $140.88 .
USD/BRL was down 2.69% to 3.3019, while EUR/BRL fell 2.17% to 3.6593.
The US Dollar Index was down 0.46% at 96.11.