Investing.com – Brazil equities were higher at the close on Tuesday, as gains in the Basic Materials, Financials and Consumption sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa gained 0.87% to hit a new 1-month high.
The biggest gainers of the session on the Bovespa were Vale SA (SA:VALE3), which rose 5.08% or 1.48 points to trade at 30.61 at the close. Bradespar SA (SA:BRAP4) added 4.98% or 1.06 points to end at 22.35 and Vale SA Pref (SA:VALE5) was up 4.67% or 1.28 points to 28.66 in late trade.
Biggest losers included Qualicorp SA (SA:QUAL3), which lost 3.33% or 1.06 points to trade at 30.74 in late trade. Natura Cosmeticos SA (SA:NATU3) declined 3.05% or 0.71 points to end at 22.59 and Cyrela Brazil Realty SA (SA:CYRE3) shed 2.43% or 0.30 points to 12.07.
Advancing stocks outnumbered falling ones by 204 to 172 and 30 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.53% to 25.01 a new 52-week low.
In commodities trading, Gold Futures for August delivery was down 0.29% or 3.63 to $1250.67 a troy ounce. Meanwhile, Crude oil for delivery in September rose 4.55% or 2.11 to hit $48.45 a barrel, while the September US coffee C contract fell 1.49% or 1.98 to trade at $130.72 .
USD/BRL was up 0.70% to 3.1691, while EUR/BRL rose 0.68% to 3.6896.
The US Dollar Index Futures was up 0.13% at 93.94.