Sao Paulo Stock Exchange rises 0.73% and closes at its highest level in 2022 By EFE

Sao Paulo, March 21 (.).- The Sao Paulo stock market started the week on the rise and advanced 0.73% this Monday, with its index, a benchmark for the parquet, standing at 116,154 points at the close of the day, which which is his highest score this year.

The Brazilian market was boosted by the good performance of the oil companies and thus managed to renew its highest level in 2022 after having already set a record for the year last Friday.

In the foreign exchange market, the US dollar depreciated 1.43% and closed trading at 4.94 reais for purchase and sale at the commercial exchange rate.

This is the first time that the “green ticket” has closed a day below the 5-real bar since June 30, 2021.

On the São Paulo floor, the gains were led by the state oil company Petrobras (NYSE:), the largest company in Brazil and which closed the day with a rise of 3.76% in its preferred papers and 3.35% in the ordinary ones.

The ordinary papers of the oil company 3R Petroleum, which advanced 3.70%, were also among the highest increases in the session, as well as the ordinary papers of the mining company Vale, which gained 2.83% and were also the most traded. of the journey.

Already in the field of losses, the unit shares of Inter bank stood out, which were the ones that lost the most value, leaving an expressive 8.88%.

It was accompanied in the negative field by the ordinary titles of the manufacturer of wood products Dexco, with a drop of 4.42%, the preferential ones of the petrochemical company Braskem (-3.79%) and the ordinary ones of the pet store Petz (3.76%).

The volume of business on the Sao Paulo stock market reached 25,766 million reais (about 4,693 million dollars) on Monday, as a result of 3,772,254 financial operations.