Brazil shares higher at close of trade; Bovespa up 0.12%

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

At the close in Sao Paulo, the Bovespa added 0.12%.

The biggest gainers of the session on the Bovespa were Ultrapar Participacoes SA (BVMF:UGPA3), which rose 3.34% or 0.77 points to trade at 23.79 at the close. MRV Engenharia e Participacoes SA (BVMF:MRVE3) added 2.66% or 0.20 points to end at 7.73 and Metalurgica Gerdau SA (BVMF:GOAU4) was up 2.19% or 0.23 points to 10.71 in late trade.

Biggest losers included Azul SA Pref (BVMF:AZUL4), which lost 8.33% or 0.37 points to trade at 4.07 in late trade. Cvc Brasil ON (BVMF:CVCB3) declined 4.74% or 0.09 points to end at 1.81 and CSN Mineracao SA (BVMF:CMIN3) shed 4.37% or 0.27 points to 5.91.

Declining stocks outnumbered rising ones by 491 to 452 and 59 ended unchanged on the B3 Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 7.04% to 28.45.

In commodities trading, Gold Futures for December delivery was up 0.40% or 10.10 to $2,534.70 a troy ounce. Meanwhile, Crude oil for delivery in October rose 1.51% or 1.02 to hit $68.69 a barrel, while the December US coffee C contract rose 3.78% or 8.93 to trade at $244.93 .

USD/BRL was down 0.23% to 5.59, while EUR/BRL fell 0.44% to 6.16.

The US Dollar Index Futures was up 0.43% at 101.58.