Investing.com – Brazil stocks were higher after the close on Tuesday, as gains in the Financials, Consumption and Industrials sectors led shares higher.
At the close in Sao Paulo, the Bovespa rose 1.93% to hit a new 1-month high.
The best performers of the session on the Bovespa were Metalurgica Gerdau SA (SA:GOAU4), which rose 5.83% or 0.42 points to trade at 7.62 at the close. Meanwhile, Viavarejo Unt (SA:VVAR11) added 5.03% or 0.88 points to end at 18.38 and Localiza Rent a Car SA (SA:RENT3) was up 4.49% or 1.05 points to 24.44 in late trade.
The worst performers of the session were Estacio Participacoes SA (SA:ESTC3), which fell 4.10% or 1.10 points to trade at 25.70 at the close. Engie Brasil Energia SA (SA:EGIE3) declined 1.96% or 0.71 points to end at 35.50 and Suzano Papel e Celulose SA (SA:SUZB3) was down 1.40% or 0.62 points to 43.69.
Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 271 to 147 and 24 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.60% to 31.14 a new 1-month low.
Gold Futures for August delivery was down 0.95% or 11.80 to $1227.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.03% or 0.02 to hit $67.09 a barrel, while the September US coffee C contract fell 1.18% or 1.30 to trade at $109.12 .
USD/BRL was down 0.46% to 3.8454, while EUR/BRL fell 0.87% to 4.4845.
The US Dollar Index Futures was up 0.48% at 94.72.