Investing.com – Brazil equities were higher at the close on Monday, as gains in the Basic Materials, Public Utilities and Real Estate sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa gained 1.85%.
The biggest gainers of the session on the Bovespa were Petroleo Brasileiro SA PN (SA:PETR4), which rose 7.30% or 1.06 points to trade at 15.58 at the close. Banco do Brasil SA (SA:BBAS3) added 7.84% or 2.06 points to end at 28.33 and Vale SA (SA:VALE5) was up 5.54% or 1.23 points to 23.43 in late trade.
Biggest losers included Embraer SA (SA:EMBR3), which lost 2.97% or 0.52 points to trade at 16.99 in late trade. JBS SA (SA:JBSS3) declined 2.96% or 0.30 points to end at 9.85 and WEG SA (SA:WEGE3) shed 2.92% or 0.48 points to 15.95.
Advancing stocks outnumbered falling ones by 213 to 188 and 38 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 6.30% to 36.89.
In commodities trading, Gold for December delivery was up 0.26% or 3.15 to $1211.85 a troy ounce. Meanwhile, Crude oil for delivery in January rose 4.27% or 1.98 to hit $48.34 a barrel, while the March US coffee C contract rose 0.54% or 0.88 to trade at $162.98 .
USD/BRL was down 0.91% to 3.3525, while EUR/BRL fell 0.64% to 3.5601.
The US Dollar Index was down 0.35% at 101.05.