Brazil stocks higher at close of trade; Bovespa up 1.20%

Investing.com – Brazil stocks were higher after the close on Tuesday, as gains in the Basic Materials , Industrials and Real Estate sectors led shares higher.

At the close in Sao Paulo, the Bovespa added 1.20%.

The best performers of the session on the Bovespa were Companhia Siderurgica Nacional (BVMF:CSNA3 ), which rose 9.39% or 1.04 points to trade at 12.12 at the close. Meanwhile, 3R Petroleum Oleo E Gas Sa (BVMF:BRAV3 ) added 8.72% or 1.56 points to end at 19.46 and Usinas Siderurgicas de Minas Gerais SA USIMINAS Pref (BVMF:USIM5 ) was up 7.68% or 0.43 points to 6.03 in late trade.

The worst performers of the session were Azul SA Pref (BVMF:AZUL4 ), which fell 5.04% or 0.27 points to trade at 5.09 at the close. Companhia Brasileira De Distribuica (BVMF:PCAR3 ) declined 1.71% or 0.05 points to end at 2.88 and Auren Energia SA (BVMF:AURE3 ) was down 1.23% or 0.13 points to 10.47.

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 497 to 430 and 54 ended unchanged.

Shares in Auren Energia SA (BVMF:AURE3 ) fell to 52-week lows; down 1.23% or 0.13 to 10.47.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 2.79% to 27.64.

Gold Futures for December delivery was up 1.34% or 35.65 to $2,688.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.65% or 1.16 to hit $71.53 a barrel, while the December US coffee C contract rose 1.04% or 2.75 to trade at $266.40 .

USD/BRL was down 1.36% to 5.46, while EUR/BRL fell 0.79% to 6.10.

The US Dollar Index Futures was down 0.50% at 100.06.

Source: Investing.com