Brazil shares higher at close of trade; Bovespa up 0.61%

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

At the close in Sao Paulo, the Bovespa added 0.61%.

The biggest gainers of the session on the Bovespa were Viavarejo Unt (SA: VVAR11 ), which rose 6.70% or 1.35 points to trade at 21.50 at the close. Embraer SA (SA: EMBR3 ) added 6.12% or 1.43 points to end at 24.78 and Centrais Eletricas Brasileiras SA (SA: ELET6 ) was up 5.95% or 0.89 points to 15.84 in late trade.

Biggest losers included Cvc Brasil ON (SA: CVCB3 ), which lost 4.52% or 2.08 points to trade at 43.92 in late trade. BRF SA (SA: BRFS3 ) declined 2.88% or 0.62 points to end at 20.89 and IGUATEMI ON NM (SA: IGTA3 ) shed 2.59% or 0.79 points to 29.71.

Declining stocks outnumbered rising ones by 228 to 193 and 25 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 2.39% to 34.29.

In commodities trading, Gold Futures for August delivery was down 0.27% or 3.50 to $1299.70 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.14% or 0.09 to hit $66.19 a barrel, while the July US coffee C contract rose 0.17% or 0.20 to trade at $117.42 .

USD/BRL was unchanged 0.00% to 3.7111, while EUR/BRL fell 0.28% to 4.3609.

The US Dollar Index Futures was up 0.27% at 93.81.