Brazil shares higher at close of trade; Bovespa up 0.92%

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Brazil shares higher at close of trade; Bovespa up 0.92%
Credit: © Reuters. – Brazil equities were higher at the close on Monday, as gains in the Basic Materials , Public Utilities and Electric Power sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa rose 0.92% to hit a new 52-week high.

The biggest gainers of the session on the Bovespa were Vale SA (SA: VALE5 ), which rose 5.99% or 0.96 points to trade at 16.99 at the close. Vale SA (SA: VALE3 ) added 5.83% or 1.05 points to end at 19.05 and Bradespar SA (SA: BRAP4 ) was up 3.33% or 0.36 points to 11.16 in late trade.

Biggest losers included Telefonica Brasil SA (SA: VIVT4 ), which lost 6.92% or 3.24 points to trade at 43.60 in late trade. Qualicorp SA (SA: QUAL3 ) declined 2.29% or 0.48 points to end at 20.52 and Smiles ON (SA: SMLE3 ) shed 1.98% or 1.10 points to 54.40.

Advancing stocks outnumbered falling ones by 222 to 156 and 27 ended unchanged on the Sao Paulo Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 0.15% to 34.17.

In commodities trading, Gold for December delivery was up 0.76% or 9.55 to $1261.45 a troy ounce. Meanwhile, Crude oil for delivery in November rose 2.83% or 1.41 to hit $51.22 a barrel, while the December US coffee C contract rose 3.13% or 4.63 to trade at $152.48 .

USD/BRL was down 0.58% to 3.2017, while EUR/BRL fell 1.19% to 3.5651.

The US Dollar Index was up 0.41% at 96.92.

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