©Reuters. The Sao Paulo stock market falls 0.6% but accumulates a weekly rise of 1.2%
Sao Paulo, March 4 (EFE).- The Sao Paulo ball lost 0.6% this Friday, affected by global fears of a worsening of the war in Ukraine, although it managed to close the week, which was shorter due to the carnival holidays, with an accumulated increase of 1.2%.
The benchmark index for the Brazilian parquet, ended the day with 114,473 basis points, a session that has been in the red since the opening, even losing 1.5%, in line with the rest of the international markets.
Financial operators negatively received the attack on the Ukrainian nuclear power plant in Zaporizhia, the largest in Europe, by Russian troops, although Moscow denied such hostilities.
This dragged down the São Paulo trading floor, which, however, managed to remain positive in this week’s accumulation of only two and a half sessions, since on Monday and Tuesday it did not operate due to the carnival and on Ash Wednesday it worked half the time. habitual.
In the domestic scenario, the Government announced today that the Brazilian economy grew by 4.6% in 2021, thus recovering the 3.9% drop registered in 2020, the first year of the coronavirus pandemic.
The growth data met the expectations of the financial market, which for this 2022 foresees a sharp slowdown, since it calculates only an expansion of 0.3%.
In the foreign exchange market, the US dollar appreciated 1.03% today and ended up trading at 5.077 reais for purchase and sale, at the time of the Brazilian commercial exchange.
In the week, the greenback lost 1.5% against the Brazilian currency.
All in all, the Sao Paulo stock exchange subtracted about 700 units from its accumulated score.
The traded volume was around 28,000 million reais (5,500 million dollars), in a total of 4,090,136 financial operations, according to preliminary results.
The Suzano and Klabin paper mills were the values that advanced the most this Friday, with increases of 6.7% and 4.8%, respectively.
On the contrary, the airline sector was once again one of the big losers in the session, with sharp falls for the papers of Gol (-7.6%) and Azul (-7.8%) airlines.
The most traded securities were the ordinary ones of the mining company Vale (2.3%) and the preferred ones of the oil company Petrobras (NYSE:) (-0.03%).