© Reuters. The Sao Paulo Stock Exchange closes with a rise of 1.10%
Sao Paulo, Jan 25 (.).- The Sao Paulo Stock Exchange index rose 1.10% this Wednesday, to 114,270 points, to chain its second consecutive rise and exceed the symbolic bar of the 114,000 units.
The Brazilian stock market detached itself from the external scenario, which operated mainly in stability, and advanced driven by large exporting companies, mainly those in the steel and mineral sectors.
The ordinary papers of the mining company Vale (+2.00%), one of the world’s largest producers and exporters of iron, were the ones that changed the most owners on the day, followed by the preferential papers of the state oil company Petrobras (NYSE:) (-1.93%).
With 3.5 million transactions, the largest Latin American stock market by traded volume this Wednesday moved businesses for 21,985 million reais (about 4,329 million dollars).
In the commercial exchange rate, the most used in the foreign exchange market, the dollar remained low and depreciated this Wednesday by 1.22% against the real. The US currency ended the day listed at 5,078 reais for both buying and selling.