The Brazilian stock market advanced 0.83% yesterday and the Bovespa index, parquet benchmark, stood at 117,197 points, promoted by Petrobras and the mining giant Vale, two of its biggest values.
On the day, investors moved away from the pessimism of the foreign market and followed the oil prices that reached the highest international prices in recent weeks. The volume traded in the Sao Paulo Stock Exchange exceeded 5,500 million dollars. In the foreign exchange market, the US dollar appreciated 0.36% and ended up trading at 5.185 reais for purchase and 5.186 reais for sale, at the Brazilian commercial exchange rate.
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The international prices of crude placed Petrobras papers among those with the highest gains this Wednesday and were also among the most traded, which were led by the mining company Vale (1.54%). The profits of the day were led by the preferential ones of the state oil company with a rise of 3.76%, while the ordinary ones advanced 3.54%. The shares of the Brazilian company Petroleum also stood out in the group, which appreciated by 3.49%.
On the side opposite were the titles of the company Dexcothe largest producer of wood panels, pottery and sanitary metals in South America, which depreciated 3.83%, followed by those of the beauty products company Natura (-1.91%).
in the European marketthe main stock markets fell yesterday after the gains of the first days of October driven by falling interest rates on sovereign bonds. After three days marked by gains, the London stock market fell 0.48%. Frankfurt lost 1.21% and Paris 0.9%. In Milan, the floor ended with a drop of 1.52%, as in Madrid.
Wall Street closed this Wednesday in the red and its main index, the Dow Jones Industrial Index, fell slightly, 0.14% after two consecutive days on the rise that had broken with the trend marked by the disastrous previous quarter experienced on the New York floor.
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At the close of business on the New York Stock Exchange, the Dow Jones lost 42.45 points to 30,273.87 units, and the selective S&P 500 subtracted 0.2% or 7.65 integers, to 3,783.28 points. For its part, the Nasdaq market composite index, which brings together the main technology companies, also depreciated with a slight 0.25% or 27.77 units, to 11,148.64 integers.
Wednesday’s session, in which the indices fluctuated between gains and losses, follows two days of gains in which the The S&P 500 posted its best two-day gain in a row since 2020. Twitter, which on Tuesday registered a dizzying rise in its shares of 22.24%, after tycoon Elon Musk put his offer to buy the social network for 44,000 million dollars back on the table, today he put his feet back on land and at the end of the day their titles depreciated by 1.35%.
While some analysts consider that the downward trend is still there despite the outbreak experienced on Monday and Tuesday, others consider that the results of the third quarter can help stabilize the market, after a better than expected second quarter.
(Keep reading: Kim Kardashian will pay a fine for ‘inflating’ the price of a cryptocurrency).
EFE
