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The stock market in Sao Paulo closes practically flat with a slight increase of 0.07%

This content was published on Sep 28, 2022 – 21:04

São Paulo, September 28 (EFE). – The Ibovespa index, the main reference to the stock market in Sao Paulo, advanced by a slight 0.07% this Wednesday, to remain practically stable and stand at 108,451 points, which is enough to return to the green numbers, according to the consolidated closing data.

Despite the education and construction sector euphoria, the Brazilian stock exchange pared gains in the final extension of operations and closed almost flat after losing the value of the titles of the oil majors.

Thus, the most traded addresses on that day were the preferential addresses of the state oil company Petrobras (-1.35%).

Thus, Parque São Paulo recorded a financial volume of 26,192 million riyals (about 4897 million dollars), and the total transactions amounted to more than 3.6 million transactions.

With some volatility, the largest stock market in Latin America in terms of trading volume moved between the minimum score of 107,914 integers, with a temporary decrease of 0.42%, and a maximum of 108,970 units, when it rose by 0.54%.

After a 0.68% drop on Tuesday, the index added just 74 units to its cumulative score on Wednesday.

On a positive day for the education and construction sectors, gains were led by common shares in the Yduqs network of universities and colleges, which rose 11.38%, loaned by those in the same type of property builders Cyrela (+8.15%) and MRV (+7.52%).

Losses in the stock market, on a negative day for the food sector, led the ordinary papers of insurance company BB Seguridade – controlled by state-owned Banco do Brasil – (-4.30%), followed by similar papers of meat company Minerva (-3.63%) and exporter of chicken meat Marfrig (-3.03%).

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In the foreign exchange market, the dollar was down 0.52% against the real and ended the trading day at 5.348 reals for both buying and selling at the Brazilian commercial exchange rate. EFE

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