Ibovespa closes higher with Vale and US data, but ends the month almost at zero to zero By Reuters

by time news

2023-09-29 22:56:07

© Reuters. REUTERS/Amanda Perobelli

By Paula Arend Laier

SÃO PAULO (Reuters) – The closed higher this Friday, with Vale (BVMF:) accounting for the main positive contribution, while inflation data from the United States brought some relief at a time of concern about the possibility of higher interest rates for longer in the world’s largest economy.

The Brazilian stock market reference index, Ibovespa rose 0.65%, to 116,484.62 points, according to preliminary data, accumulating a gain of 0.41% in the week and 0.64% in the month. In the third quarter, it recorded a loss of 1.36%, but for the year it still rose 6.15%.

The financial volume this Friday totaled 17 billion reais before final adjustments, once again below the average for the year (25.3 billion reais), which was a mark in September, with the average up to the time of the order of 22.5 billion reais.

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