© Reuters. The Sao Paulo stock market increases 1.54% and adds three consecutive increases
Sao Paulo, Nov 11 (EFE) .- The index, the main reference of the Sao Paulo stock market, advanced this Thursday by 1.54% and at the end of the day it stood at 107,594 points, to score its third consecutive rise, according to the consolidated data of the day.
The Brazilian market operated quietly, in the midst of a certain political “truce” at the local level, although expectant before the movements of the Government that may affect fiscal responsibility, and taking advantage of the corporate balance sheets of the companies in the third quarter on this day, mostly favorable.
The São Paulo stock market this Thursday scored a financial volume of 32,226 million reais (about 5,967 million dollars) and totaled almost 4.5 million transactions.
Always in positive territory, the largest Latin American stock market by volume traded moved this Thursday between a minimum score of 105,987 integers, obtained at the opening of operations, and a maximum of 108,669 units, with a momentary jump of 2.54%, but slowed at the end of the trading day.
After a rise of 0.41% on Wednesday, the indicator added 1,627 units to its accumulated score on Thursday.
The gains were led by the ordinary papers of the electronic commerce platform Meliuz Cash, of 10.34%, followed by the preferential ones of the Azul airline (9.83%), and those of the ordinary type of the National Steel Company -CSN- (7.46%).
Losses in the stock market, meanwhile, were led by the ordinary shares of the Vía supermarket and store network (-12.48%), seconded by the preferred shares of the petrochemical company Braskem (-2.94%) and the unitary shares of the electric company Taesa (-2.40%).
The most traded securities on the day were ordinary ones from Vale (3.53%), one of the world’s largest iron producers and exporters.
In the foreign exchange market, the dollar depreciated 1.74% against the real and ended the day trading at 5.403 reais for purchase and at 5.404 for sale at the Brazilian commercial exchange rate.
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