Brazil stocks higher at close of trade; Bovespa up 0.87%

Investing.com – Brazil stocks were higher after the close on Tuesday, as gains in the Electric Power , Financials and Public Utilities sectors led shares higher.

At the close in Sao Paulo, the Bovespa rose 0.87%.

The best performers of the session on the Bovespa were Hapvida Participacoes e Investimentos (BVMF:HAPV3 ), which rose 9.17% or 0.20 points to trade at 2.38 at the close. Meanwhile, Automob Participações SA (BVMF:AMOB3 ) added 6.06% or 0.02 points to end at 0.35 and Atacadao SA (BVMF:CRFB3 ) was up 5.31% or 0.31 points to 6.15 in late trade.

The worst performers of the session were CSN Mineracao SA (BVMF:CMIN3 ), which fell 3.96% or 0.20 points to trade at 4.78 at the close. Raia Drogasil SA (BVMF:RADL3 ) declined 2.56% or 0.56 points to end at 21.35 and Azul SA Pref (BVMF:AZUL4 ) was down 2.33% or 0.10 points to 4.20.

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 516 to 437 and 51 ended unchanged.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 3.60% to 30.78.

Gold Futures for February delivery was up 0.65% or 17.34 to $2,664.74 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.98% or 0.72 to hit $74.28 a barrel, while the March US coffee C contract rose 0.49% or 1.55 to trade at $320.15 .

USD/BRL was down 0.13% to 6.11, while EUR/BRL fell 0.57% to 6.32.

The US Dollar Index Futures was up 0.36% at 108.49.

Source: Investing.com