The Sao Paulo Stock Exchange rises 0.06% and closes almost stable By EFE

Sao Paulo, Nov 3 (.) .- The index, the main benchmark of the Sao Paulo Stock Exchange, advanced this Wednesday by 0.06% and at the end of the day it stood at 105,616 points, practically stable compared to the close of Monday and adding its second consecutive rise, according to the consolidated data of the day.

The Brazilian market lost ground in the final stretch of the day’s operations, but managed to overcome the volatility and the fall of the shares of the state oil company Petrobras (NYSE 🙂 and the mining company Vale, the two largest companies in the country and those of more weight in the bag.

After Tuesday’s recess for the Day of the Dead holiday, the São Paulo stock market this Wednesday scored a financial volume of 38,948 million reais (about 6,968 million dollars) and totaled almost 6 million transactions.

With some oscillations, the largest Latin American stock market by volume traded moved this Wednesday between a minimum score of 104,204 integers, when it dropped 1.27%, and a maximum of 106,754 units, with a momentary jump of 1.14% , which declined at the end of the trading day.

After a 1.98% rise on Monday, the indicator added another 66 units to its accumulated score on Wednesday.

The gains were led by the preferential papers of the e-commerce chain and Lojas Americanas stores, which climbed 13.33%, followed by the ordinary papers of the technology company Locaweb (+9.07%), and the conglomerate of brands Grupo Soma (+8.90%).

In a negative day for the producers of, the losses in the stock market were led by the ordinary shares of the mining company Vale (-7.59%), seconded by the preferred shares of the Bradespar fund -of the Bradesco bank- (-7.54% ) and the steel company Usiminas (-5.57%).

The most traded securities on the day were ordinary ones from Vale, one of the world’s largest iron producers and exporters.

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