The Sao Paulo stock market continues to fall and chains its fourth consecutive fall

Sao Paulo, March 8 (EFE) .- The index, the main reference of the Sao Paulo stock market, fell 0.35% this Tuesday and at the end of the day stood at 111,203 points, in its fourth consecutive session down and feeling the effects of the war in Ukraine, according to consolidated closing data.

The Brazilian capital market remains attentive to the international scenario and that is why the market gave way again to the US embargo against the Russian, as a measure to try to contain the invasion of that country on Ukraine.

The São Paulo parquet thus recorded a financial volume of 38,768 million reais (about 7,672 million dollars) and totaled almost 4.9 million transactions.

With some oscillations, but without shocks like the day before, the largest Latin American stock market by traded volume moved between a maximum score of 112,389 integers, when it advanced 0.71%, and a minimum of 110,969 units, with a decrease 0.55% momentary

After a fall of 2.52% on Monday, the indicator subtracted another 390 units from its accumulated score this Tuesday.

On a favorable day for the airline sector, the gains were led by the preferred papers of the airlines Azul (7.09%) and Gol (7.08%), followed by the ordinary ones of the food giant BRF (7.03 %).

At the other extreme, with a negative day for the producers of , the losses were led by the ordinary shares of the steel company CSN (-4.80%), seconded by the similar ones of the mining company Vale (-4.39%) and of the technology company Locaweb (-3.98%).

The most traded securities on the day, meanwhile, were the ordinary securities of Vale, one of the world’s largest producers and exporters of iron.

In the foreign exchange market, the dollar depreciated 0.49% against the real and ended the day trading at 5.053 reais, both for purchase and sale, at the Brazilian commercial exchange rate.