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© Reuters. Sao Paulo Stock Exchange rises 0.65% encouraged by less concern over omicron
Sao Paulo, Dec 7 (EFE) .- The Sao Paulo stock market rose 0.65% on Tuesday and its index, the benchmark for the stock market, stood at 107,557 points at the close of the day, amid an apparent less global concern before the omicron variant of the coronavirus.
Brazilian investors followed the optimism in the main international markets and operated more relaxed after the medical adviser of the United States Government, Anthony Fauci, affirmed that the preliminary data on the disease of covid-19 that causes the omicron variant is “encouraging “.
As is usual in the São Paulo stock market, the preferred shares of the state oil company Petrobras (NYSE 🙂 and the ordinary shares of the mining giant Vale were the most traded and ended the day with an increase of 1.63% and 0.74% , respectively.
However, it was the ordinary titles of the discount coupon portal Meiluz that led the largest gains of this trading session, climbing a remarkable 13.58%.
Likewise, the performance of the digital bank Inter stood out in the positive field, whose unit papers appreciated by 13.36% and, the preferential ones, by 12.14%.
On the other side of the coin, the construction sector was the one that registered the worst result on the day, with the common shares of real estate construction companies Eztec and MRV leading the biggest losses of the day, registering falls of 4.35% and 3.08%, respectively.
However, the Sao Paulo stock exchange added 698 units to its main indicator on Tuesday, in a session in which the business volume reached 29,454 million reais (about 5,243 million dollars), the product of 3,914,963 financial operations.
In the exchange market, the US dollar depreciated 1.27% against the Brazilian real and ended the day trading at 5,617 reais for both buying and selling at the commercial exchange rate.
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