Investing.com – Brazil equities were higher at the close on Monday, as gains in the Basic Materials, Electric Power and Industrials sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa added 0.37% to hit a new 1-month high.
The biggest gainers of the session on the Bovespa were Cia Siderurgica Nacional SA (SA:CSNA3), which rose 6.06% or 0.44 points to trade at 7.70 at the close. Usinas Siderurgicas de Minas Gerais (SA:USIM5) added 6.04% or 0.25 points to end at 4.39 and Metalurgica Gerdau SA (SA:GOAU4) was up 4.29% or 0.19 points to 4.62 in late trade.
Biggest losers included Marfrig Alimentos SA (SA:MRFG3), which lost 4.29% or 0.33 points to trade at 7.36 in late trade. Centrais Eletricas Brasileiras SA (SA:ELET3) declined 2.57% or 0.45 points to end at 17.05 and Cia de Saneamento Basico do Estado (SA:SBSP3) shed 2.36% or 0.73 points to 30.25.
Advancing stocks outnumbered falling ones by 198 to 182 and 40 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 3.31% to 32.50.
In commodities trading, Gold Futures for June delivery was up 0.21% or 2.58 to $1230.28 a troy ounce. Meanwhile, Crude oil for delivery in June rose 1.94% or 0.93 to hit $48.77 a barrel, while the July US coffee C contract fell 1.09% or 1.47 to trade at $133.35 .
USD/BRL was down 0.50% to 3.1081, while EUR/BRL fell 0.08% to 3.4121.
The US Dollar Index Futures was down 0.25% at 98.80.