©Reuters. The Sao Paulo stock market loses 0.15% but closes the week higher
Sao Paulo, Jan 21 (EFE) .- The Sao Paulo stock market fell 0.15% this Friday, but managed to close the week on the rise, with its index, a benchmark for the parquet, advancing to 108,941 points at the end of the day , despite pessimism abroad.
The São Paulo market ignored the bad mood in the main international stock markets and accumulated a rise of 1.88% in the five days of the week, which was marked by slight oscillations.
In the foreign exchange market, the US dollar appreciated today by 0.72% against the Brazilian real and ended the day trading at 5.454 reais for buying and selling at the commercial exchange rate.
However, in the accumulated of the week the greenback lost 1.05% against the Brazilian currency.
In the trading session this Friday, the ordinary shares of the mining company Vale were the most traded and ended in the red, with a decline of 2.08%.
The preferred papers of the state oil company Petrobras (NYSE:), which gained 0.16%, and the ordinary ones of the Magazine Luiza warehouses, which were valued 3.76%, were also among the most sought after on the day.
Among the biggest losses of the session, the ordinary titles of the reinsurance company IRB Brasil stood out, which yielded 5.11%, along with the preferential ones of the producers of Usiminas (-4.28%) and Gerdau (4.09 %).
At the other end of the spectrum, real estate company JHSF common shares led the day’s biggest gains, climbing 5.80%.
Behind JHSF, the papers that gained the most value were the commons of the cosmetics company Natura (4.28%) and the commons of the technology company Locaweb (4.17%).
The financial volume traded this Friday on the Sao Paulo stock exchange exceeded 29,983 million reais (about 5,497 million dollars), product of 4,272,197 operations.
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