SAO PAULO (Reuters) – The Ibovespa index closed lower on Friday, ending a series of five high trading sessions, with Cosan shares among the biggest lows after announcing the purchase of a stake in Vale, which also lost steam after the news. .
Wall Street endorsed the adjustment in the São Paulo stock exchange, once again closing lower, with employment data corroborating bets that the Federal Reserve will continue with the interest rate increase campaign that many investors fear will lead the US economy to a recession.
Reference index of the Brazilian stock market, the Ibovespa fell 1.15%, to 116,212.87 points, according to preliminary data, after touching 118,000 points at the maximum of the trading session. The financial volume totaled 30.5 billion reais.
In the week, the Ibovespa appreciated 5.6%, in a performance that mainly reflects the high of 5.5% on Monday, when it reacted to the result of the first round of elections in Brazil, with a tighter dispute than expected. in the presidential race and a center-right composition in Congress.
The market ended the day in anticipation of the first Datafolha survey for the second round. During the week, polls Ipec, Genial/Quaest and PoderData once again pointed to favoritism of Luiz Inácio Lula da Silva (PT) over Jair Bolsonaro (PL) for the second round, scheduled for the 30th.
(By Paula Arend Laier)
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