Investing.com – Brazil stocks were higher after the close on Tuesday, as gains in the Electric Power, Basic Materials and Public Utilities sectors led shares higher.
At the close in Sao Paulo, the Bovespa added 1.47%.
The best performers of the session on the Bovespa were EDP - Energias do Brasil SA (SA:ENBR3), which rose 3.55% or 0.48 points to trade at 14.00 at the close. Meanwhile, Bradespar SA (SA:BRAP4) added 3.11% or 1.05 points to end at 34.80 and Vale SA (SA:VALE3) was up 3.05% or 1.36 points to 45.90 in late trade.
The worst performers of the session were Ultrapar Participacoes SA (SA:UGPA3), which fell 2.86% or 1.84 points to trade at 62.41 at the close. Centrais Eletricas Brasileiras SA (SA:ELET6) declined 2.13% or 0.47 points to end at 21.60 and Smiles Fidelidade SA (SA:SMLS3) was down 1.15% or 0.78 points to 67.12.
Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 272 to 137 and 39 ended unchanged.
Shares in Ultrapar Participacoes SA (SA:UGPA3) fell to 52-week lows; losing 2.86% or 1.84 to 62.41.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 5.78% to 28.34.
Gold Futures for June delivery was down 0.03% or 0.40 to $1350.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.35% or 0.23 to hit $66.45 a barrel, while the July US coffee C contract fell 0.60% or 0.70 to trade at $115.92 .
USD/BRL was down 0.31% to 3.4072, while EUR/BRL fell 0.35% to 4.2162.
The US Dollar Index Futures was up 0.06% at 89.19.