Brazil stocks higher at close of trade; Bovespa up 0.13%

Investing.com – Brazil stocks were higher after the close on Monday, as gains in the Financials , Telecoms and Real Estate sectors led shares higher.

At the close in Sao Paulo, the Bovespa rose 0.13%.

The best performers 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. Meanwhile, 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.

The worst performers of the session were Azul SA Pref (BVMF:AZUL4 ), which fell 8.33% or 0.37 points to trade at 4.07 at the close. Cvc Brasil ON (BVMF:CVCB3 ) declined 4.74% or 0.09 points to end at 1.81 and CSN Mineracao SA (BVMF:CMIN3 ) was down 4.37% or 0.27 points to 5.91.

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

Shares in Azul SA Pref (BVMF:AZUL4 ) fell to all time lows; down 8.33% or 0.37 to 4.07.

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

Gold Futures for December delivery was up 0.40% or 10.15 to $2,534.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.48% or 1.00 to hit $68.67 a barrel, while the December US coffee C contract rose 3.78% or 8.93 to trade at $244.93 .

USD/BRL was down 0.26% to 5.58, while EUR/BRL fell 0.44% to 6.16.

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

Source: Investing.com