Investing.com – Brazil stocks were higher after the close on Tuesday, as gains in the Financials, Public Utilities and Electric Power sectors led shares higher.
At the close in Sao Paulo, the Bovespa added 1.19% to hit a new all time high.
The best performers of the session on the Bovespa were Centrais Eletricas Brasileiras SA (SA:ELET6), which rose 8.65% or 2.15 points to trade at 27.00 at the close. Meanwhile, Centrais Eletricas Brasileiras SA (SA:ELET3) added 6.82% or 1.46 points to end at 22.88 and Fibria Celulose SA (SA:FIBR3) was up 6.66% or 3.94 points to 63.09 in late trade.
The worst performers of the session were Companhia Brasileira deDistribuicao (SA:PCAR4), which fell 5.27% or 3.76 points to trade at 67.55 at the close. EcoRodovias SA (SA:ECOR3) declined 3.76% or 0.40 points to end at 10.25 and Gerdau SA Pref (SA:GGBR4) was down 3.47% or 0.58 points to 16.15.
Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 247 to 220 and 34 ended unchanged.
Shares in Fibria Celulose SA (SA:FIBR3) rose to all time highs; up 6.66% or 3.94 to 63.09.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.31% to 30.08.
Gold Futures for April delivery was down 1.80% or 24.40 to $1331.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.11% or 0.07 to hit $61.62 a barrel, while the May US coffee C contract fell 0.42% or 0.50 to trade at $119.95 .
USD/BRL was up 0.58% to 3.2556, while EUR/BRL fell 0.00% to 4.0163.
The US Dollar Index Futures was up 0.63% at 89.64.