BRASÍLIA: Brazil stocks were higher after the close on Monday, as gains in the Basic Materials, Industrials and Consumption sectors led shares higher. At the close in Sao Paulo, the Bovespa gained 0.71%. The best performers of the session on the Bovespa were Usinas Siderurgicas de Minas Gerais (SA:USIM5), which rose 8.64% or 0.35 points to trade at 4.40 at the close. Meanwhile, Cia Siderurgica Nacional SA (SA:CSNA3) added 4.09% or 0.40 points to end at 10.19 and Smiles ON (SA:SMLE3) was up 3.79% or 2.20 points to 60.20 in late trade.
The worst performers of the session were Centrais Eletricas Brasileiras SA (SA:ELET3), which fell 5.42% or 1.03 points to trade at 17.99 at the close. Klabin Unt (SA:KLBN11) declined 3.72% or 0.53 points to end at 13.72 and Fibria Celulose SA (SA:FIBR3) was down 2.62% or 0.73 points to 27.10. Falling stocks outnumbered advancing ones on the Sao Paulo Stock Exchange by 194 to 158 and 37 ended unchanged. Shares in Klabin Unt (SA:KLBN11) fell to 52-week lows; down 3.72% or 0.53 to 13.72. The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 2.78% to 35.55. Gold Futures for April delivery was up 0.44% or 5.50 to $1254.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.35% or 0.17 to hit $47.80 a barrel, while the May US coffee C contract rose 1.27% or 1.75 to trade at $139.32 . USD/BRL was up 0.55% to 3.1268, while EUR/BRL rose 1.15% to 3.3972. The US Dollar Index Futures was down 0.58% at 99.01.
