Brazil shares higher at close of trade; Bovespa up 1.49%

Investing.com – Brazil equities were higher at the close on Tuesday, as gains in the Basic Materials , Real Estate and Public Utilities sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa added 1.49% to hit a new 1-month high.

The biggest gainers of the session on the Bovespa were Cia Siderurgica Nacional SA (SA: CSNA3 ), which rose 6.35% or 0.52 points to trade at 8.71 at the close. Viavarejo Unt (SA: VVAR11 ) added 7.43% or 1.40 points to end at 20.25 and Bradespar SA (SA: BRAP4 ) was up 4.66% or 1.37 points to 30.75 in late trade.

Biggest losers included Natura Cosmeticos SA (SA: NATU3 ), which lost 1.70% or 0.51 points to trade at 29.50 in late trade. Embraer SA (SA: EMBR3 ) declined 0.99% or 0.20 points to end at 20.10 and B2W Cia Digital (SA: BTOW3 ) shed 0.88% or 0.26 points to 29.44.

Advancing stocks outnumbered falling ones by 263 to 171 and 28 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 2.34% to 32.51.

In commodities trading, Gold Futures for August delivery was down 0.06% or 0.70 to $1224.90 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.96% or 0.65 to hit $68.54 a barrel, while the September US coffee C contract fell 0.75% or 0.84 to trade at $110.83 .

USD/BRL was down 1.05% to 3.7453, while EUR/BRL fell 1.10% to 4.3767.

The US Dollar Index Futures was down 0.04% at 94.38.