Brazil shares higher at close of trade; Bovespa up 0.76%

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Brazil shares higher at close of trade; Bovespa up 0.76%
Credit: © Reuters. – Brazil equities were higher at the close on Tuesday, as gains in the Financials , Real Estate and Electric Power sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa added 0.76% to hit a new 5-year high.

The biggest gainers of the session on the Bovespa were CEMIG - Companhia Energetica Minas Gerais Pref (SA: CMIG4 ), which rose 5.73% or 0.61 points to trade at 11.25 at the close. EcoRodovias SA (SA: ECOR3 ) added 4.33% or 0.41 points to end at 9.88 and WEG SA (SA: WEGE3 ) was up 3.55% or 0.60 points to 17.50 in late trade.

Biggest losers included Centrais Eletricas Brasileiras SA (SA: ELET3 ), which lost 3.39% or 0.74 points to trade at 21.06 in late trade. BRF SA (SA: BRFS3 ) declined 2.55% or 1.08 points to end at 41.35 and Vale SA (SA: VALE3 ) shed 2.44% or 0.89 points to 35.54.

Advancing stocks outnumbered falling ones by 232 to 165 and 31 ended unchanged on the Sao Paulo Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 0.18% to 27.12.

In commodities trading, Gold Futures for April delivery was down 0.21% or 2.60 to $1236.50 a troy ounce. Meanwhile, Crude oil for delivery in April rose 1.10% or 0.59 to hit $54.37 a barrel, while the May US coffee C contract rose 1.72% or 2.56 to trade at $151.68 .

USD/BRL was up 0.26% to 3.0949, while EUR/BRL fell 0.39% to 3.2630.

The US Dollar Index Futures was up 0.48% at 101.40.

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