Brazil shares higher at close of trade; Bovespa up 0.64%

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

At the close in Sao Paulo, the Bovespa added 0.64%.

The biggest gainers of the session on the Bovespa were Metalurgica Gerdau SA (SA: GOAU4 ), which rose 4.18% or 0.22 points to trade at 5.48 at the close. Estacio Participacoes SA (SA: ESTC3 ) added 3.35% or 0.54 points to end at 16.67 and Tim Participacoes SA (SA: TIMP3 ) was up 3.35% or 0.34 points to 10.49 in late trade.

Biggest losers included Banco Santander Brasil SA Unit (SA: SANB11 ), which lost 2.43% or 0.63 points to trade at 25.25 in late trade. Natura Cosmeticos SA (SA: NATU3 ) declined 2.31% or 0.55 points to end at 23.30 and Braskem SA (SA: BRKM5 ) shed 1.57% or 0.61 points to 38.24.

Advancing stocks outnumbered falling ones by 218 to 170 and 38 ended unchanged on the Sao Paulo Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 1.58% to 25.66.

In commodities trading, Gold Futures for August delivery was up 0.05% or 0.58 to $1255.48 a troy ounce. Meanwhile, Crude oil for delivery in September rose 1.46% or 0.67 to hit $46.44 a barrel, while the September US coffee C contract fell 2.66% or 3.62 to trade at $132.70 .

USD/BRL was up 0.11% to 3.1463, while EUR/BRL fell 0.08% to 3.6627.

The US Dollar Index Futures was up 0.03% at 93.81.