© Reuters. The Ibovespa and the dollar end the day in Brazil in the red
Sao Paulo, Apr 13 (EFE).- The Sao Paulo stock market (B3) fell 0.40% this Thursday and its reference index, the , fell to 106,457 points, while the dollar continues on a negative trajectory.
According to the consolidated data at the end of the session, the dollar appreciated 0.32% against the real, which ended the day quoted in the commercial exchange rate at 4.925 reals for purchase and 4.926 for sale.
The Brazilian stock market and the currency market continue to be impacted by the reflection of the monthly inflation disclosure last Tuesday, with data that exceeded expectations and may signal the reduction in interest rates desired by the Government.
Accumulated interannual inflation for March was 4.65%, lower than the 5.60% of the twelve months ending in February, a figure that may influence the Central Bank to reduce interest rates, currently at 13.75% yearly for inflation control.
In B3, the common shares of the mining company Vale (-1.35%), one of the world’s largest producers and exporters of iron, ended the session as the ones that changed the most owners, followed by the preferential shares of the state oil company Petrobras (NYSE:) (0.70%).
With 3.4 million operations, the largest Latin American parquet by number of businesses totaled a volume of 22,238 million reais (about 4,514 million dollars).