©Reuters. The fall in oil drags the Sao Paulo Stock Exchange
Sao Paulo, June 22 (.).- The Sao Paulo Stock Exchange fell 0.16% this Wednesday and the , the reference index of the parquet, closed with 99,522 points, with losses for the Brazilian oil sector, affected by the fall in price crude international.
The Brazilian circle added its second consecutive day in the red, after losing 0.17% on Tuesday, amid risk aversion due to fear of a new global economic recession due to the measures adopted to contain inflationary pressures.
In the foreign exchange market, the US dollar appreciated by 0.42% and closed at 5.175 reais for purchase and 5.176 for sale, at the Brazilian commercial exchange rate.
The drop in international prices of raw materials, especially oil, was felt today in the Sao Paulo stock market, which among its great values are companies in the field of commodities.
The price of oil fell 3% today and closed at 106.19 dollars, while the barrel of oil for delivery in August gave up 2.58% to 111.64 dollars.
This decline caused PetroRio (-6.4%), 3R Petroleum (-6.7%) and the state-owned Petrobras (NYSE:) (-0.3%), which is also experiencing its own internal crisis with the latest change in the Presidency promoted by the Government of Jair Bolsonaro, ended in negative.
Another of those affected was banking, with falls for Itaú (-0.7%) and Bradesco (SA:) (-0.5%), which are the two largest private financial entities in the country, as well as for the state Banco do Brasil (SA:) (-0.4%).
All in all, the São Paulo Stock Exchange lost 162 units to its accumulated score.
The volume traded exceeded 23.6 billion reais (about 4.6 billion dollars), in 3,493,930 financial operations, according to preliminary results.
Leading the gains on the Ibovespa were the papers of the discount coupon platform Méliuz (+7.7%), the investment bank BTG Pactual (+5.5%) and the meat company BRF (+4.8%). ).
The most traded titles during the session were the ordinary ones of the mining company Vale (-0.9%) and the preferred ones of Petrobras (-0.3%).
