©Reuters. The Sao Paulo Stock Exchange returns to profit and exceeds the bar of 120,000 points
Sao Paulo, March 29 (.).- The index, the main reference of the Sao Paulo Stock Exchange, advanced 1.07% this Tuesday and at the end of the session stood at 120,014 points, exceeding the symbolic bar of 120,000 units and going back to earnings, based on consolidated closing data.
The Brazilian stock market, with its best performance in the last 7 months, reacted positively to the drop in international prices of raw materials, which boosted the shares of companies in the commercial sector in the South American giant.
The São Paulo parquet thus recorded a financial volume of 32,653 million reais (about 6,864 million dollars) and totaled more than 4.0 million transactions.
Always on positive ground, the largest Latin American stock market by traded volume moved between a minimum score of 118,739 integers, obtained at the opening of operations, and a maximum of 120,900 units, with a momentary jump of 1.82%.
After a decrease of 0.29% on Monday, when it interrupted a streak of 7 consecutive sessions on the rise, the indicator added 1,276 units to its accumulated score on Tuesday.
On a favorable day for trade, the gains were led by the ordinary papers of the Via supermarket network, which climbed 8.63%, followed by those of the physical and virtual store chains Lojas Americanas (+8.42 %) and Magazine Luiza (+8.19%).
The losses in the stock market, meanwhile, were led by the ordinary shares of the real estate construction company Cyrela (-2.91%), seconded by the preferred shares of the investment fund Bradespar (-2.14%) and the steel company Gerdau ( -2.02%).
The most traded securities on the day were the ordinary ones of the mining company Vale (-0.86%), one of the world’s largest producers and exporters of iron.
In the foreign exchange market, the dollar depreciated 0.29% against the real and ended the day trading at 4.757 reais, both for purchase and sale, at the Brazilian commercial exchange rate.
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