BRASÍLIA: Brazil stocks were higher after the close on Monday, as gains in the Basic Materials, Real Estate and Public Utilities sectors led shares higher. At the close in Sao Paulo, the Bovespa added 1.16% to hit a new 5-year high. The best performers of the session on the Bovespa were Bradespar SA (SA:BRAP4), which rose 16.62% or 3.79 points to trade at 26.59 at the close. Meanwhile, Vale SA (SA:VALE3) added 6.93% or 2.36 points to end at 36.43 and Vale SA Pref (SA:VALE5) was up 6.17% or 1.99 points to 34.24 in late trade.
The worst performers of the session were Cielo SA (SA:CIEL3), which fell 1.39% or 0.40 points to trade at 28.40 at the close. Estacio Participacoes SA (SA:ESTC3) declined 1.27% or 0.20 points to end at 15.50 and Marfrig Alimentos SA (SA:MRFG3) was down 1.14% or 0.08 points to 6.92. Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 224 to 115 and 37 ended unchanged. Shares in Bradespar SA (SA:BRAP4) rose to 3-years highs; gaining 16.62% or 3.79 to 26.59. Shares in Vale SA (SA:VALE3) rose to 3-years highs; up 6.93% or 2.36 to 36.43. Shares in Vale SA Pref (SA:VALE5) rose to 3-years highs; rising 6.17% or 1.99 to 34.24. The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.70% to 27.07.
Gold Futures for April delivery was down 0.05% or 0.60 to $1238.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.39% or 0.21 to hit $53.99 a barrel, while the May US coffee C contract rose 0.57% or 0.85 to trade at $149.12 . USD/BRL was down 0.57% to 3.0871, while EUR/BRL fell 0.59% to 3.2765. The US Dollar Index Futures was up 0.03% at 100.92.
