©Reuters. The Sao Paulo stock market rises 1.26% despite the advance of the omicron in Brazil
Sao Paulo, Jan 19 (.).- The Sao Paulo stock market advanced 1.26% this Wednesday and its index, a reference for the parquet, stood at 108,013 points at the close of the day, despite the advance of the omicron in Brazil, where daily cases today surpassed the 200,000 mark for the first time.
The country registered 204,854 new coronavirus infections in the last 24 hours, a new record of infections for one day since the start of the pandemic, in February 2020, and which for the first time exceeded the barrier of 200,000 infections in a single day.
This scenario, however, was already foreseen by experts due to the rapid spread in the country of the omicron variant, much more contagious than other strains of the virus, especially after the end of the year holidays.
Despite this, Brazilian investors ignored the health outlook and operated optimistically for much of the day, with which the São Paulo market added 1,345 units to its main indicator.
As usual in Sao Paulo, the common shares of the miner Vale, which rose 2.20%, and the preferred shares of the state oil company Petrobras (NYSE:), which fell 0.47%, were the most traded in the session.
However, the biggest gains of the trading day were led by the ordinary papers of the technology company Locaweb, which climbed a notable 12.65%, followed by the ordinary papers of the electronic trading platform B2W Digital (+9.90% ) and the preferred ones from the Lojas Americanas retail network (+9.41%).
On the other side of the coin, the ordinary titles of the aeronautical giant Embraer (SA:), the third largest aircraft manufacturer in the world, were the ones that lost the most value this Wednesday, with a decline of 2.79%.
Behind, the shares that depreciated the most today were the ordinary shares of the Cogna educational group, which lost 2.22%, and the preferred shares of the Azul airline, which lost 1.33%.
The volume of business on the Sao Paulo stock market reached 29,286 million reais (about 5,359 million dollars) this Wednesday, as a result of 4,276,330 financial operations.
In the foreign exchange market, the US dollar depreciated 1.70% against the Brazilian real and ended the day trading at 5.465 reais for purchase and sale at the commercial exchange rate, which represents its lowest level since the end of December .