Brazil shares higher at close of trade; Bovespa up 0.31%

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Brazil shares higher at close of trade; Bovespa up 0.31%
Credit: © Reuters. – Brazil equities were higher at the close on Monday, as gains in the Basic Materials , Financials and Public Utilities sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa gained 0.31% to hit a new all time high.

The biggest gainers of the session on the Bovespa were Usinas Siderurgicas de Minas Gerais (SA: USIM5 ), which rose 7.14% or 0.62 points to trade at 9.30 at the close. Companhia Brasileira deDistribuicao (SA: PCAR4 ) added 4.11% or 3.09 points to end at 78.30 and Cia Siderurgica Nacional SA (SA: CSNA3 ) was up 3.41% or 0.37 points to 11.22 in late trade.

Biggest losers included JBS SA (SA: JBSS3 ), which lost 3.95% or 0.35 points to trade at 8.50 in late trade. Multiplan SA (SA: MULT3 ) declined 2.36% or 1.87 points to end at 77.26 and Estacio Participacoes SA (SA: ESTC3 ) shed 2.21% or 0.63 points to 27.87.

Advancing stocks outnumbered falling ones by 249 to 162 and 37 ended unchanged on the Sao Paulo Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 2.08% to 28.28.

In commodities trading, Gold Futures for December delivery was down 1.01% or 13.34 to $1311.86 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.16% or 0.08 to hit $50.36 a barrel, while the December US coffee C contract fell 0.69% or 0.98 to trade at $140.32 .

USD/BRL was up 0.90% to 3.1364, while EUR/BRL rose 0.90% to 3.7504.

The US Dollar Index Futures was up 0.15% at 91.79.

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