The Sao Paulo stock market chains its third consecutive rise and gains 1.01% By Agencia EFE

Sao Paulo, Jan 20 (EFE).- The Sao Paulo stock market chained its third consecutive rise this Thursday and advanced 1.01%, with its index, a reference for the parquet, standing at 109,101 points at the close of the day, which was marked by strong volatility.

Brazilian investors accompanied throughout the day the intense oscillation that prevailed in the main international markets and, in a session without major references, the preferred papers of the state oil company Petrobras (NYSE:), which rose 0.73%, were the more traded.

The ordinary titles of the mining giant Vale, which fell 1.70%, and the ordinary titles of the vehicle rental company Localiza, which in turn gained 8.59%, were also among the most sought after in the session.

In the field of earnings, the unitary shares of the digital bank Inter were the ones that gained the most value today, with an expressive increase of 13.16%, followed by the ordinary shares of the travel company CVC Brasil (10.47%) and the ordinary ones from the pet store Petz (9.71%).

Already among the biggest losses of the stock market session stood out the ordinary titles of the supermarket network Carrefour (PA:) Brazil, which depreciated 2.59%.

In addition, the ordinary shares of the paper company Suzano, which fell 2.49%, and the preferred shares of the metallurgical company Gerdau, which closed with a drop of 1.73%, ended the day in red.

The volume of business on the Sao Paulo stock market reached 32,564 million reais (about 6,013 million dollars) this Thursday, as a result of 4,620,948 financial operations.

In the foreign exchange market, the US dollar depreciated 0.92% against the Brazilian real and ended the day trading at 5.414 reais for purchase and 5.415 reais for sale at the commercial exchange rate, its lowest level since the past. November.