Investing.com – Brazil stocks were higher after the close on Monday, as gains in the Public Utilities, Electric Power and Financials sectors led shares higher.
At the close in Sao Paulo, the Bovespa gained 0.53%.
The best performers of the session on the Bovespa were Usinas Siderurgicas de Minas Gerais (SA:USIM5), which rose 6.23% or 0.52 points to trade at 8.87 at the close. Meanwhile, Centrais Eletricas Brasileiras SA (SA:ELET6) added 5.40% or 1.23 points to end at 24.00 and Centrais Eletricas Brasileiras SA (SA:ELET3) was up 5.28% or 1.04 points to 20.72 in late trade.
The worst performers of the session were Fibria Celulose SA (SA:FIBR3), which fell 5.47% or 2.93 points to trade at 50.68 at the close. Suzano Papel e Celulose SA (SA:SUZB5) declined 4.98% or 1.06 points to end at 20.23 and Qualicorp SA (SA:QUAL3) was down 2.02% or 0.70 points to 34.00.
Falling stocks outnumbered advancing ones on the BM&FBovespa Stock Exchange by 231 to 194 and 27 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.95% to 31.34.
Gold Futures for December delivery was up 0.98% or 12.45 to $1281.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 3.09% or 1.72 to hit $57.36 a barrel, while the December US coffee C contract rose 1.33% or 1.65 to trade at $125.62 .
USD/BRL was down 1.98% to 3.2488, while EUR/BRL fell 2.00% to 3.7704.
The US Dollar Index Futures was down 0.20% at 94.64.