The Sao Paulo Stock Exchange continues its third consecutive fall

This content was published on Mar 13, 2023 – 22:12
March 13, 2023 – 22:12
minutes

SAO PAULO, March 13 (EFE). – The Sao Paulo Stock Exchange (B3) fell 0.48% this Monday, and its reference index, Ibovespa, settled at 103,121 points, its third consecutive decline, according to consolidated data at the close of Monday. session.

On the first trading day of the week, the Brazilian Stock Exchange’s warning of the consequences of the bankruptcy of the American bank SVB and the collapse of stocks, such as those of the state oil company Petrobras, pushed B3 to its third fall.

With just over 3.6 million operations, Latin America’s largest parquet company by number of companies has a total volume of R$21,555 million (about $4,091 million).

The common stock of mining company Vale (+0.41%), one of the world’s largest producers and exporters of iron, ended the session with the highest volume trades, followed by the preferred stock of Petrobras (-3.16%).

In the foreign exchange market, the dollar rose by 1.16% against the riyal, as it ended the first day of the week shown in the commercial exchange rate at 5,267 riyals for buying and 5,268 riyals for selling. EFE

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