TrendsWide
Contact US
  • Home
  • Trending
  • Health
  • Life Style
  • NBA
  • Reviews
No Result
View All Result
TrendsWide
  • Home
  • Trending
  • Health
  • Life Style
  • NBA
  • Reviews
No Result
View All Result
TrendsWide
No Result
View All Result
Home Forex

Large stocks boost the Sao Paulo stock market by 0.83% By EFE

by souhaib
November 24, 2021
in Forex
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT


You might also like

The Sao Paulo stock market follows the international trail and advances 1.18% By EFE

The euro stands above 1.07 dollars By EFE

The cryptoactive firm Bit2Me starts a tour to explain the blockchain By EFE


© Reuters. Large stocks boost the Sao Paulo stock market by 0.83%

Sao Paulo, Nov 24 (EFE) .- The Sao Paulo stock market rose 0.83% this Wednesday, thanks to the push of the major stocks in the market, such as the oil company Petrobras (NYSE :), the mining company Vale and the bank Itaú, which posted gains of more than 2%.

The benchmark stock index closed with 104,514 points in a session in which it managed to distance itself from the negative international trend.

The São Paulo market remained green in this way, after bouncing 1.50% the day before.

Financial operators are still very aware of the negotiations in the Brazilian Senate on a constitutional amendment that will allow the government of Jair Bolsonaro to open space in the budgets and increase social spending in 2022, when he will attempt his re-election.

To do this, the Executive has proposed making the spending ceiling more flexible and postponing the payment of a part of the State’s judicial debts, which generated strong turbulence in the Brazilian markets, which now view Bolsonaro’s economic agenda with suspicion.

In the foreign exchange market, the US dollar depreciated 0.24% and closed at 5.59 reais for buying and selling, at the Brazilian commercial exchange rate.

All in all, the Sao Paulo stock market added 860 units to its accumulated score.

The volume traded reached 26,582 million reais (4,750 million dollars), in a total of 3,968,935 financial operations, according to the preliminary results at the close of the day.

The momentum of this Wednesday was favored by the revaluation of the flagships of the stock market, with increases for Petrobras (2.0% in its preferred shares and 1.9% in its ordinary), Vale (2.3%) and Itaú, the largest private bank in Brazil (2.7%).

However, at the forefront of the gains in the Ibovespa were the papers of Banco Pan (5.2%), followed by the hosting portal Locaweb (4.8%).

On the other side of the coin, the oil company PetroRio, the Natura group and the private network of hospitals D’Or recorded the worst results with falls of more than 3%.

The most traded securities were those of Petrobras, which is state-controlled but has shares traded in Sao Paulo, New York and Madrid, and mining giant Vale.

Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Share this:

  • Twitter
  • Facebook
  • More
  • Pinterest
  • Telegram
  • Email
Share30Tweet19
Previous Post

3 best retail stocks to buy on Black Friday

Next Post

Troops capable of going into battle on four separate fronts will fight alongside our allies

souhaib

Recommended For You

The Sao Paulo stock market follows the international trail and advances 1.18% By EFE

by souhaib
May 27, 2022
0

©Reuters. The Sao Paulo stock market follows the international trail and advances 1.18% Sao Paulo, May 26 (EFE) .- The Sao Paulo stock market gained 1.18% this Thursday...

Read more

The euro stands above 1.07 dollars By EFE

by souhaib
May 26, 2022
0

©Reuters. The euro stands above 1.07 dollars Berlin, May 26 (.).- The euro recovered positions this Thursday to stand above 1.07 dollars, in a day considered without incentives...

Read more

The cryptoactive firm Bit2Me starts a tour to explain the blockchain By EFE

by souhaib
May 26, 2022
0

©Reuters. Crypto Asset Firm Bit2Me Starts a Tour to Explain the Blockchain Madrid, May 26 (.).- The Spanish cryptocurrency platform Bit2Me launches a tour called "CryptoTour" that seeks...

Read more

Barcelona will host a pioneering Intel microchip design laboratory

by souhaib
May 26, 2022
0

©Reuters. Barcelona will host a pioneering Intel microchip design laboratory Barcelona, ​​May 25 (.).- Barcelona will have a pioneering microchip design laboratory from the technological multinational Intel (NASDAQ:),...

Read more

The Sao Paulo Stock Exchange closes stable with a sharp fall in banking

by souhaib
May 25, 2022
0

©Reuters. The Sao Paulo Stock Exchange closes stable with a sharp fall in banking Sao Paulo, May 25 (.).- The Sao Paulo Stock Exchange closed this Wednesday stable...

Read more
Next Post

Troops capable of going into battle on four separate fronts will fight alongside our allies

No Result
View All Result

Recent Posts

  • Why should you tour Dubai?
  • EducaIlTuoCane.net – Videolezioni Addestramento Cani Reviews 2022
  • Obama exits his $20,000-a-night NYC hotel after being blasted over ‘tone deaf’ tweets
  • The offer of a famous actor that Michael Jordan rejected without blinking
  • Nancy Crampton Brophy: The author of ‘How to kill your husband’, convicted of… killing her husband | Society

Browse by Category

  • Australia
  • Automotive
  • Business
  • Celebrity
  • Cryptocurrency
  • Deals
  • Economie
  • Education
  • Euro
  • Forex
  • Gaming
  • Health
  • Life Style
  • NBA
  • News
  • Reviews
  • Sports
  • Switzerland
  • Trending
  • U.S.
  • Uncategorized

Categories

  • Australia
  • Automotive
  • Business
  • Celebrity
  • Cryptocurrency
  • Deals
  • Economie
  • Education
  • Euro
  • Forex
  • Gaming
  • Health
  • Life Style
  • NBA
  • News
  • Reviews
  • Sports
  • Switzerland
  • Trending
  • U.S.
  • Uncategorized

Pages

  • Contact US
  • Newsletter
  • Privacy Policy
  • Terms & Conditions

© 2021 - TrendsWide

No Result
View All Result
  • Home
  • Contact US
  • Privacy Policy
  • Trending
  • U.S.
  • Economie
  • Deals
  • Reviews
  • Cryptocurrency
  • Health
  • Life Style
  • NBA

© 2021 - TrendsWide

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.