Brazil shares higher at close of trade; Bovespa up 1.55%

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Brazil shares higher at close of trade; Bovespa up 1.55%
Credit: © Reuters. – Brazil equities were higher at the close on Monday, as gains in the Electric Power , Public Utilities and Basic Materials sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa gained 1.55%.

The biggest gainers of the session on the Bovespa were WEG SA (SA: WEGE3 ), which rose 4.86% or 0.78 points to trade at 16.83 at the close. Cia Energetica de Sao Paulo (SA: CESP6 ) added 4.74% or 0.63 points to end at 13.93 and Banco do Brasil SA (SA: BBAS3 ) was up 4.02% or 0.92 points to 23.82 in late trade.

Biggest losers included Usinas Siderurgicas de Minas Gerais (SA: USIM5 ), which lost 4.19% or 0.15 points to trade at 3.43 in late trade. Multiplan SA (SA: MULT3 ) declined 1.39% or 0.83 points to end at 58.81 and Companhia Brasileira deDistribuicao (SA: PCAR4 ) shed 0.69% or 0.36 points to 51.72.

Advancing stocks outnumbered falling ones by 231 to 121 and 35 ended unchanged on the Sao Paulo Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 2.43% to 32.96.

In commodities trading, Gold for December delivery was up 0.00% or 0.05 to $1325.95 a troy ounce. Meanwhile, Crude oil for delivery in October fell 1.41% or 0.67 to hit $46.97 a barrel, while the December US coffee C contract fell 0.28% or 0.40 to trade at $144.90 .

USD/BRL was down 1.08% to 3.2324, while EUR/BRL fell 1.14% to 3.6158.

The US Dollar Index was up 0.06% at 95.54.

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