Brazil shares higher at close of trade; Bovespa up 0.52%

Investing.com – Brazil equities were higher at the close on Monday, as gains in the Basic Materials , Financials and Telecoms sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa gained 0.52% to hit a new 1-month high.

The biggest gainers of the session on the Bovespa were Viavarejo Unt (SA: VVAR11 ), which rose 6.00% or 1.20 points to trade at 21.20 at the close. Marfrig Alimentos SA (SA: MRFG3 ) added 3.04% or 0.24 points to end at 8.14 and Banco Santander Brasil SA Unit (SA: SANB11 ) was up 2.47% or 0.89 points to 36.89 in late trade.

Biggest losers included JBS SA (SA: JBSS3 ), which lost 5.50% or 0.53 points to trade at 9.10 in late trade. Kroton Educacional SA (SA: KROT3 ) declined 2.48% or 0.29 points to end at 11.39 and Gol Linhas Aereas Inteligentes SA Pref (SA: GOLL4 ) shed 2.36% or 0.35 points to 14.45.

Declining stocks outnumbered rising ones by 225 to 218 and 43 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 1.15% to 31.65.

In commodities trading, Gold Futures for August delivery was down 0.22% or 2.70 to $1220.30 a troy ounce. Meanwhile, Crude oil for delivery in September rose 1.95% or 1.34 to hit $70.03 a barrel, while the September US coffee C contract rose 0.96% or 1.06 to trade at $111.28 .

USD/BRL was up 0.37% to 3.7256, while EUR/BRL rose 0.81% to 4.3616.

The US Dollar Index Futures was down 0.34% at 94.15.