Brazil stocks higher at close of trade; Bovespa up 0.85%

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

At the close in Sao Paulo, the Bovespa gained 0.85%.

The best performers of the session on the Bovespa were Grupo Vamos SA (BVMF:VAMO3 ), which rose 12.08% or 0.64 points to trade at 5.94 at the close. Meanwhile, Atacadao SA (BVMF:CRFB3 ) added 7.67% or 0.46 points to end at 6.46 and Pet Center Comercio e Partcipacoes (BVMF:PETZ3 ) was up 7.61% or 0.29 points to 4.10 in late trade.

The worst performers of the session were JBS SA (BVMF:JBSS3 ), which fell 3.91% or 1.56 points to trade at 38.37 at the close. BRF SA (BVMF:BRFS3 ) declined 3.28% or 0.94 points to end at 27.75 and Suzano Papel e Celulose SA (BVMF:SUZB3 ) was down 3.06% or 2.04 points to 64.61.

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 564 to 406 and 43 ended unchanged.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 5.23% to 29.70.

Gold Futures for February delivery was up 1.26% or 33.89 to $2,719.69 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.01% or 0.01 to hit $68.38 a barrel, while the March US coffee C contract rose 1.19% or 3.93 to trade at $334.03 .

USD/BRL was down 0.56% to 6.04, while EUR/BRL fell 0.76% to 6.37.

The US Dollar Index Futures was up 0.24% at 106.08.

Source: Investing.com