©Reuters. Sao Paulo Stock Exchange accompanies abroad, rises 2.43% and ends four falls
Sao Paulo, March 09 (.).- The Sao Paulo stock market accompanied the exterior and advanced 2.43% this Wednesday, with its index, a reference for the parquet, standing at 113,900 points at the end of the day, driven by the fall in the and renewed optimism for a possible solution to the conflict in Ukraine.
Brazilian investors reacted optimistically to the drop in the commodity markets, especially oil, which closed with falls above 10%, as well as to the possibility of a diplomatic resolution between Russia and Ukraine.
The São Paulo market thus managed to add 2,696 units to its main indicator and put an end to a streak of four consecutive drops.
The good performance of the banking and travel sector also contributed to the green closing of Sao Paulo, since the travel company CVC Brasil led the biggest gains of the session, with a rise of 16.97% in its shares. ordinary.
The ordinary papers of the cosmetics manufacturer Natura (+16.25%), the ordinary papers of the Inter bank (+15.18%) and the preferential ones of the Gol airline (+12.09%) also stood out in the positive field with expressive climbs.
On the other side of the coin, on the negative side, the oil sector stood out, with some of the country’s main crude oil companies appearing among the biggest daily losses.
This is the case of the ordinary titles of PetroRio, which fell 6.44%, the ordinary titles of 3R Petroleum, which fell 4.35%, and the preferential ones of the state-owned Petrobras (NYSE:), which depreciated 0, 03%.
Petrobras also led the most traded shares of the session, along with the mining company Vale, which closed the day with a decrease of 2.64% in its ordinary papers.
The volume of business on the Sao Paulo stock market reached 36,235 million reais (about 7,232 million dollars) this Wednesday, as a result of 4,750,177 financial operations.
In the foreign exchange market, the US dollar depreciated 0.85% against the Brazilian real and ended the day trading at 5.010 reais for purchase and sale at the commercial exchange rate.
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