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© Reuters. The Sao Paulo Stock Exchange falls 1.67% and breaks a sequence of 5 sessions on the rise
Sao Paulo, Dec 9 (EFE) .- The index, the main reference of the Sao Paulo stock market, fell 1.67% this Thursday and at the end of the session stood at 106,291 points, to interrupt a sequence of 5 days consecutive to the rise, according to the consolidated data of the closing.
The Brazilian market experienced a day of “adjustment” after the recent profit chain and with investors watching the rise, again, of the basic Selic interest rate, which the Central Bank raised to 9.25% per year.
The São Paulo stock market this Thursday scored a financial volume of 23,797 million reais (about 4,270 million dollars) and totaled more than 3.5 million transactions.
Always in negative territory, the largest Latin American stock market by volume traded moved this Thursday between a maximum score of 108,094 integers, at the opening of operations, and a minimum of 105,890 units, with a momentary decrease of 2.03%.
After a 0.50% rise on Wednesday, the Gol indicator rose 3.59%, followed by the ordinary ones of the Companhia Siderúrgica Nacional -CSN- (1.49%) and the electric motor manufacturer WEG (1.28%).
In a negative day for the commercial sector, the losses in the stock market were led by the preferred shares (-9.24%) and ordinary (-8.56%) of the electronic commerce network and Lojas Americanas stores, seconded by the the ordinary rate of its competitor Magazine Luiza (-7.78%).
The most traded securities on the day were the preferential ones of the state oil company Petrobras (NYSE 🙂 (-0.20%).
In the foreign exchange market, the dollar appreciated 0.70% against the real and ended the day trading at 5.572 reais for both buying and selling at the Brazilian commercial exchange rate.
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