The Sao Paulo Stock Exchange yields 0.16% and ends the first week of May in red

Sao Paulo, May 6 (EFE) .- The index, the main benchmark of the Sao Paulo Stock Exchange, fell 0.16% this Friday and at the end of the last session of the week stood at 105,134 points, according to data closing consolidations.

In the first week of May, the indicator accumulated a negative variation of 2.54%.

The Brazilian stock market reduced the negative balance in the final stretch of operations thanks to the performance of the shares of the state oil company Petrobras (NYSE:), which helped mitigate the losses, but without being able to avoid the second consecutive fall of the stock market.

The gains were led by the ordinary papers of the footwear manufacturer Alpargatas, which rose 7.44%, followed by the similar ones of the clothing store network Lojas Renner (+5.99%) and Petrobras (+3, 78%).

Then came the preferentials of Petrobras itself (+3.28), also remaining the top of the five most valued of the day, after the disclosure on Thursday night of results better than those expected by the market during the first quarter.

Petrobras, the largest company in Brazil, obtained between January and March a net profit of 44,561 million reais (about 8,912 million dollars), a value 38 times higher than that of the same quarter of 2021 and the highest for the period in its history.

The São Paulo parquet registered this Friday a financial volume of 31,610 million reais (about 6,228 million dollars) and totaled almost 4.9 million transactions.

With some oscillations during the day, the largest Latin American stock market by traded volume moved between a maximum score of 106,207 integers, when it advanced 0.85, and a minimum of 103,984 units, with a momentary drop of 1.25%. .

After a collapse of 2.81% on Thursday, the indicator subtracted another 169 units from its accumulated score this Friday.

Losses on the stock market, meanwhile, were led by the ordinary shares of the pet service chain Petz (-12.72%), seconded by the preferred shares of Banco Inter (-7.99%) and those of the ordinary type of the technology company Locaweb (-7.62%).

The most traded titles on the day were the preferential ones of Petrobras.

In the foreign exchange market, the dollar appreciated 1.17% against the real and ended the last day of the week trading at 5.074 reais for purchase and 5.075 for sale at the Brazilian commercial exchange rate.

In the five sessions of the week, the US currency appreciated by 2.69% compared to the Brazilian denomination.