© Reuters. The Sao Paulo stock market rises driven by the banking sector
Sao Paulo, Jan 24 (.).- The Sao Paulo stock market returned to positive territory on Tuesday and its reference index, the , registered a rise of 1.16%, to 113,028 points, driven by the actions of the banking sector .
The Ibovespa operated upwards and the general advance of bank securities was highlighted, such as the 1.12% rise in Bradesco’s preferential rates (BVMF:) and the 1.07% rise in Santander’s unit rates (BME:) Brazil.
On the other hand, the preferential papers of the state oil company Petrobras (NYSE:) (-0.71%), ended the day as the most traded, followed by the ordinary papers of the mining company Vale (+1.06%), one of the world’s largest producers and exporters of iron.
The largest Latin American stock market by traded volume concluded the session with more than 3.4 million transactions and deals for 21,282 million reais (about 4,139 million dollars).
In the foreign exchange market, the dollar continued to fall and depreciated by 1.05% against the real, ending the day at 5,141 reais for both buying and selling at the commercial exchange rate.
