Investing.com – Brazil stocks were higher after the close on Tuesday, as gains in the Basic Materials, Real Estate and Industrials sectors led shares higher.
At the close in Sao Paulo, the Bovespa rose 0.39% to hit a new 1-month high.
The best performers of the session on the Bovespa were Usinas Siderurgicas de Minas Gerais SA USIMINAS Pref (BVMF:USIM5), which rose 5.36% or 0.27 points to trade at 5.31 at the close. Meanwhile, Brava Energia SA (BVMF:BRAV3) added 4.26% or 1.01 points to end at 24.72 and Braskem SA (BVMF:BRKM5) was up 3.57% or 0.49 points to 14.23 in late trade.
The worst performers of the session were BRF SA (BVMF:BRFS3), which fell 6.61% or 1.54 points to trade at 21.75 at the close. Marfrig Alimentos SA (BVMF:MRFG3) declined 4.04% or 0.63 points to end at 14.95 and Raizen SA Preferred (BVMF:RAIZ4) was down 3.11% or 0.06 points to 1.87.
Rising stocks outnumbered declining ones on the B3 Stock Exchange by 483 to 440 and 64 ended unchanged.
Shares in Raizen SA Preferred (BVMF:RAIZ4) fell to all time lows; losing 3.11% or 0.06 to 1.87.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.68% to 28.16.
Gold Futures for February delivery was up 0.24% or 6.69 to $2,755.39 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.82% or 1.41 to hit $75.98 a barrel, while the March US coffee C contract rose 0.15% or 0.48 to trade at $328.83 .
USD/BRL was down 0.11% to 6.03, while EUR/BRL fell 0.11% to 6.28.
The US Dollar Index Futures was down 1.29% at 107.79.