©Reuters. The Sao Paulo Stock Exchange gains 1.19% and accumulates three consecutive increases
Sao Paulo, Jan 27 (.).- The Sao Paulo Stock Exchange advanced 1.19% this Thursday and its index, a reference on the floor, closed with 112,611 points to chain its third consecutive rise, driven by values linked to retail trade .
The Brazilian circle distanced itself from Wall Street, but followed the positive trail of the main European indices and closed in green again, despite the signals from the United States Federal Reserve (Fed) regarding monetary policy.
On Wednesday, the US agency once again left official interest rates unchanged, but announced that it will possibly raise them in March due to the rise in inflation in that country, something already expected by economic operators.
The rise in interest rates in the US is attractive to international investors, since, a priori, they would become more interested in taking their resources to the North American power and leaving emerging markets, such as Brazil, aside.
However, in the foreign exchange market, the US dollar depreciated 0.35% today and closed trading at 5.422 reais for purchase and sale, at the Brazilian commercial exchange rate.
Oblivious to the news coming from the Fed, the Sao Paulo stock exchange added 1,322 units to its accumulated score, in a session with a financial volume of more than 35,000 million reais (6,450 million dollars), in a total of 4,177. 331 businesses, according to preliminary results.
Among the sectors that benefited the most was retail, with increases for the Magazine Luiza department store (7%), the Via store network (6.2%), the Alpargatas footwear company (5.7%) and the textile group soma (5.6%).
By contrast, it was a bad day for health insurance operators Intermédica and Hapvida, whose common shares sank 4.7% and 3.4%, respectively.
The petrochemical company Braskem (-2.7%), the Natura group (-3.2%) and the meat company Marfrig (-3%), among other values, also fell sharply.
The most traded papers were the preferred ones of the state oil company Petrobras (NYSE:) (+0.03%), the ordinary ones of Intermédica (-4.7%) and the similar ones of the mining giant Vale (+0.2%).
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