Brazil shares higher at close of trade; Bovespa up 1.68%

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

At the close in Sao Paulo, the Bovespa rose 1.68%.

The biggest gainers of the session on the Bovespa were Usinas Siderurgicas de Minas Gerais (SA: USIM5 ), which rose 7.73% or 0.75 points to trade at 10.45 at the close. Viavarejo Unt (SA: VVAR11 ) added 7.32% or 0.99 points to end at 14.51 and Kroton Educacional SA (SA: KROT3 ) was up 4.80% or 0.52 points to 11.35 in late trade.

Biggest losers included Braskem SA (SA: BRKM5 ), which lost 1.75% or 0.95 points to trade at 53.40 in late trade. Smiles Fidelidade SA (SA: SMLS3 ) declined 1.47% or 0.56 points to end at 37.44 and Tim Participacoes SA (SA: TIMP3 ) shed 1.16% or 0.13 points to 11.04.

Advancing stocks outnumbered falling ones by 296 to 159 and 24 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 1.06% to 41.12.

In commodities trading, Gold Futures for December delivery was up 0.15% or 1.80 to $1225.50 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.59% or 0.41 to hit $69.53 a barrel, while the December US coffee C contract fell 3.56% or 4.35 to trade at $117.75 .

USD/BRL was down 0.63% to 3.6870, while EUR/BRL fell 1.03% to 4.2277.

The US Dollar Index Futures was up 0.32% at 95.75.