©Reuters. The Sao Paulo Stock Exchange continues to fall and chains four consecutive falls
Sao Paulo, Apr 20 (.).- The Sao Paulo Stock Exchange fell again this Wednesday and chained its fourth consecutive fall, after its index, a reference on the parquet, ended the day at 114,343 points, weighed down by the mining sector.
The São Paulo market fell 0.62% today, on the eve of the Tiradentes holiday in Brazil, and, in a movement contrary to most international markets, subtracted 712 units from its main indicator.
Common shares of mining giant Vale were the most traded of the session and once again ended in negative territory, down 2.60%.
Also included among the most sought-after titles of the day were the ordinary ones of the JBS meat company, which advanced 2.02%, and the preferential ones of the state oil company Petrobras (NYSE:), which were valued 0.47%.
However, it was the ordinary papers of the cosmetics manufacturer Natura, which fell by a significant 15.58%, that led the day’s biggest losses, followed by the ordinary ones of the education group Cogna (-7.32%) and the ordinary ones of the giant producer of Usiminas (-6.34%).
At the other end, the ordinary shares of the logistics company Rumo SA were the ones that gained the most value this Wednesday, with an increase of 4.61%.
Likewise, the preferential papers of the state energy company Eletrobras (+4.60%), the largest energy generator in Latin America and which is in the process of privatization, and the ordinary ones of the oil company PetroRio ( +4.22%).
The volume traded on the Sao Paulo stock market reached 25,595 million reais (about 5,541 million dollars) this Wednesday, as a result of 3,930,656 financial operations.
In the foreign exchange market, the US dollar depreciated 1.03% against the Brazilian real and ended the day trading at 4.618 reais for purchase and 4.619 reais for sale at the commercial exchange rate.