Investing.com – Brazil stocks were higher after the close on Monday, as gains in the Basic Materials, Financials and Public Utilities sectors led shares higher.
At the close in Sao Paulo, the Bovespa rose 0.31% to hit a new all time high.
The best performers of the session on the Bovespa were Usinas Siderurgicas de Minas Gerais (SA:USIM5), which rose 7.14% or 0.62 points to trade at 9.30 at the close. Meanwhile, Companhia Brasileira deDistribuicao (SA:PCAR4) added 4.11% or 3.09 points to end at 78.30 and Cia Siderurgica Nacional SA (SA:CSNA3) was up 3.41% or 0.37 points to 11.22 in late trade.
The worst performers of the session were JBS SA (SA:JBSS3), which fell 3.95% or 0.35 points to trade at 8.50 at the close. Multiplan SA (SA:MULT3) declined 2.36% or 1.87 points to end at 77.26 and Estacio Participacoes SA (SA:ESTC3) was down 2.21% or 0.63 points to 27.87.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 249 to 162 and 37 ended unchanged.
Shares in Usinas Siderurgicas de Minas Gerais (SA:USIM5) rose to 3-years highs; rising 7.14% or 0.62 to 9.30. Shares in Companhia Brasileira deDistribuicao (SA:PCAR4) rose to 52-week highs; rising 4.11% or 3.09 to 78.30. Shares in Estacio Participacoes SA (SA:ESTC3) fell to 52-week highs; down 2.21% or 0.63 to 27.87.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.08% to 28.28.
Gold Futures for December delivery was down 1.01% or 13.32 to $1311.88 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.16% or 0.08 to hit $50.36 a barrel, while the December US coffee C contract fell 0.69% or 0.98 to trade at $140.32 .
USD/BRL was up 0.90% to 3.1364, while EUR/BRL rose 0.90% to 3.7504.
The US Dollar Index Futures was up 0.15% at 91.79.