Investing.com – Brazil stocks were higher after the close on Monday, as gains in the Basic Materials, Real Estate and Financials sectors led shares higher.
At the close in Sao Paulo, the Bovespa rose 0.41% to hit a new all time high.
The best performers of the session on the Bovespa were Magazine Luiza SA (SA:MGLU3), which rose 8.43% or 7.33 points to trade at 94.32 at the close. Meanwhile, Cia Siderurgica Nacional SA (SA:CSNA3) added 6.04% or 0.62 points to end at 10.88 and Usinas Siderurgicas de Minas Gerais (SA:USIM5) was up 4.51% or 0.55 points to 12.75 in late trade.
The worst performers of the session were CCR SA (SA:CCRO3), which fell 10.01% or 1.38 points to trade at 12.41 at the close. Hypermarcas SA (SA:HYPE3) declined 4.57% or 1.69 points to end at 35.27 and EcoRodovias SA (SA:ECOR3) was down 4.30% or 0.44 points to 9.79.
Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 278 to 199 and 28 ended unchanged.
Shares in Magazine Luiza SA (SA:MGLU3) rose to all time highs; up 8.43% or 7.33 to 94.32. Shares in CCR SA (SA:CCRO3) fell to 52-week lows; losing 10.01% or 1.38 to 12.41. Shares in Usinas Siderurgicas de Minas Gerais (SA:USIM5) rose to 3-years highs; rising 4.51% or 0.55 to 12.75.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.02% to 27.24 a new 1-month low.
Gold Futures for April delivery was up 0.34% or 4.50 to $1334.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.76% or 0.48 to hit $64.03 a barrel, while the May US coffee C contract rose 0.58% or 0.70 to trade at $121.67 .
USD/BRL was down 0.44% to 3.2239, while EUR/BRL fell 0.23% to 3.9715.
The US Dollar Index Futures was down 0.07% at 89.75.