©Reuters. The Sao Paulo stock market closes almost stable and ends the week with gains
Sao Paulo, May 27 (EFE).- The index, the main reference of the Sao Paulo stock market, closed this Friday practically stable, advancing a slight 0.05%, reaching 111,941 points at the end of the last session of the week, according to the consolidated closing data.
Including the closing on Wednesday, when the day ended without any variation (0.0%), the market chained seven consecutive sessions this Friday without falling into the red.
During the week, the Ibovespa accumulated a positive variation of 3.18%.
This Friday, the Brazilian stock market, despite ending with a positive balance, broke away from the international trend of optimism that led to higher increases in the US and European stock markets, encouraged by encouraging data on inflation in the North American giant.
The São Paulo parquet thus recorded a financial volume of 23,807 million reais (about 5,024 million dollars) and totaled a little more than 3.2 million transactions.
With timid oscillations, the largest Latin American stock market by traded volume moved between a minimum score of 111,558 integers, when it lost 0.29%, and a maximum of 112,440 units, with a momentary rise of 0.49%.
After an advance of 1.18% on Thursday, the indicator added just 51 units to its accumulated score this Friday.
On a favorable day for the food sector, gains were led by the ordinary papers of the food giants BRF (4.82%) and Minerva (4.40%), followed by the similar ones of the steel company CSN (3.10 %).
The losses in the stock market, meanwhile, were led by the preferred shares of the state oil company Petrobras (NYSE:) (-4.76%), followed by the ordinary ones of the network of colleges and universities YDUQS (-4.49% ) and Petrobras itself (-4.17%).
The most traded securities on the day among the 92 that make up the Ibovespa sight market were the preferred ones of Petrobras, the largest Brazilian company.
In the foreign exchange market, the dollar depreciated 0.47% against the real and ended the last day of the week trading at 4.738 reais for both purchase and sale at the Brazilian commercial exchange rate.
In the five sessions of the week, the US currency devalued 2.73% compared to the Brazilian denomination.