Brazil stocks higher at close of trade; Bovespa up 0.59% By

Brazil stocks higher at close of trade; Bovespa up 0.59%

Brazil stocks higher at close of trade; Bovespa up 0.59% – Brazil stocks were higher after the close on Tuesday, as gains in the , and sectors led shares higher.

At the close in Sao Paulo, the gained 0.59%.

The best performers of the session on the were Gol Linhas Aereas Inteligentes SA Pref (SA:), which rose 13.04% or 2.40 points to trade at 20.80 at the close. Meanwhile, Centrais Eletricas Brasileiras SA (SA:) added 3.91% or 0.97 points to end at 25.77 and Smiles Fidelidade SA (SA:) was up 3.55% or 1.50 points to 43.70 in late trade.

The worst performers of the session were Suzano Papel e Celulose SA (SA:), which fell 3.81% or 1.42 points to trade at 35.83 at the close. JBS SA (SA:) declined 3.40% or 0.40 points to end at 11.35 and Marfrig Alimentos SA (SA:) was down 1.86% or 0.11 points to 5.81.

Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 251 to 142 and 33 ended unchanged.

The , which measures the implied volatility of Bovespa options, was down 2.14% to 35.73.

Gold Futures for February delivery was down 0.10% or 1.20 to $1248.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.41% or 0.72 to hit $51.72 a barrel, while the March US coffee C contract fell 2.62% or 2.75 to trade at $102.40 .

USD/BRL was down 0.43% to 3.9027, while EUR/BRL fell 0.71% to 4.4194.

The US Dollar Index Futures was up 0.20% at 97.377.

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