[ad_1]
© Reuters. Sao Paulo stock market rises 0.58% after the crash on Friday by the omicron
Sao Paulo, Nov 29 (EFE) .- The Sao Paulo stock market started the week on the rise and rose 0.58% this Monday, with its index, benchmark of the stock market, standing at 102,814 points at the close of the day, which accompanied the good mood in the world stock market after the general crash on Friday.
The Brazilian market sank 3.4% last Friday amid global fears about the appearance of the new strain of the coronavirus, baptized omicron and that dyed the main stock exchanges in the world red.
But the São Paulo stock market today managed to recover part of the accumulated losses, driven by large stocks, especially by the good results of the state oil company Petrobras (NYSE 🙂 and the mining giant Vale, whose shares were the most traded of the day.
While the oil company’s preferred papers advanced 3.51%, Vale’s commons were valued 1.25%.
At the head of Ibovespa’s earnings were the unit titles of Getnet, the retail payments subsidiary of the Santander Bank (MC :), which climbed a remarkable 11.21%.
The trading session also ended in positive territory, the ordinary papers of the technology company LocaWeb, which appreciated 6.77%, and the preferential ones of the Usiminas producer, which advanced 6.12%.
On the contrary, the ordinary shares of the real estate company Cyrela Realty led the biggest losses in the São Paulo market, yielding 3.70%.
Behind, the securities that lost the most were the ordinary securities of the CVC Brasil tourism company, which fell 2.68%, and the ordinary securities of the wholesale chain Assai, which fell 2.32%.
The volume of business on the Sao Paulo stock exchange rose this Monday to 24,607 million reais (about 4,386 million dollars), the product of 4,005,203 financial operations.
In the exchange market, the US dollar appreciated 0.28% against the Brazilian real and ended the day trading at 5,610 reais for buying and selling at the commercial exchange rate.
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.
[ad_2]