Investing.com – Brazil stocks were higher after the close on Monday, as gains in the Industrials, Public Utilities and Electric Power sectors led shares higher.
At the close in Sao Paulo, the Bovespa gained 0.11% to hit a new 1-month high.
The best performers of the session on the Bovespa were WEG SA (BVMF:WEGE3), which rose 4.88% or 2.06 points to trade at 44.25 at the close. Meanwhile, Azul SA Pref (BVMF:AZUL4) added 4.62% or 0.38 points to end at 8.60 and Petroleo Brasileiro SA (BVMF:PETR3) was up 2.66% or 1.07 points to 41.35 in late trade.
The worst performers of the session were Magazine Luiza SA (BVMF:MGLU3), which fell 4.82% or 0.66 points to trade at 13.03 at the close. CSN Mineracao SA (BVMF:CMIN3) declined 2.76% or 0.15 points to end at 5.28 and MRV Engenharia e Participacoes SA (BVMF:MRVE3) was down 2.72% or 0.19 points to 6.79.
Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 503 to 445 and 50 ended unchanged.
Shares in WEG SA (BVMF:WEGE3) rose to 3-years highs; up 4.88% or 2.06 to 44.25.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 7.74% to 25.26 a new 1-month low.
Gold Futures for August delivery was down 1.33% or 31.80 to $2,365.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 1.07% or 0.89 to hit $82.27 a barrel, while the September US coffee C contract rose 2.38% or 5.45 to trade at $234.40 .
USD/BRL was up 0.23% to 5.47, while EUR/BRL fell 0.26% to 5.93.
The US Dollar Index Futures was up 0.13% at 104.68.