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© Reuters. The Sao Paulo stock market falls 1.62% under pressure from the mining company Vale and Petrobras
Sao Paulo, Feb 2 (.).- The Sao Paulo stock market closed in red for the second consecutive day, falling 1.62% this Thursday and the , its reference index, ended at 110,140 points, weighed down by the shares of the mining giant Vale and the oil company Petrobras (NYSE:), two of the great values of the parquet.
In the foreign exchange market, the dollar depreciated 0.42% against the real and closed at 5,043 reais for purchase and 5,044 for sale, but it came to be traded at half-time at less than 5 reais, for the first time since last June.
This Thursday, the trade of raw materials, especially that of metals, put pressure on the day and led to the ordinary papers of Vale falling by 4.78% and being the most traded.
The preferred shares of Petrobras (-4.63%), the strongest and most robust company in Brazil, followed among the most sought-after of the day.
The biggest losses, however, were for the ordinary ones of the meat giant BRF (-7.70%) and the similar ones of the Compañía Siderúrgica Nacional Mineraçao (-6.74%).
On the opposite side, the greatest gains were for Brazilian airlines, led by GOL’s preferential (+13.52%) and Azul’s similar (+7.58%).
During the day, the market registered a financial volume of 30,091 million reais (about 6,018 million dollars), the result of a little more than 4.1 million negotiations.
