The Sao Paulo Stock Exchange earns 0.24% and chains four sessions in green By EFE

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© Reuters. The Sao Paulo stock market gains 0.24% and chains four sessions in green

Sao Paulo, Sep 9 (.) .- The Sao Paulo Stock Exchange won a slight 0.24% on Monday and its index, benchmark, closed the session at 103,180 points, to chain its fourth consecutive session in green, driven for values ​​such as the Suzano wastebasket or the Usiminas and Gerdau steel mills.

The Brazilian market began the second week of September on the rise, even under the effects of optimism unleashed by the economic stimuli announced days ago by China, which is Brazil's largest trading partner.

All in all, Sao Paulo Square won 245 units at its accumulated score.

The turnover reached 19,005 million reais (about 4,635 million dollars) in a total of 2,288,534 financial operations, values ​​above the usual average.

The result could have been better if it were not for the falls registered in the construction company Cyrela Realty, which led the losses by transferring its ordinary shares by 6.41%; and in the commercial sector, with decreases for the magazine Luiza department store network (-5.00%) and the Vía Varejo retail company (-5.01%).

On the other side of the coin, the preferential titles of the Usiminas steel company were at the top of Ibovespa's earnings with a rise of 8.08%.

The ordinary roles of Suzano (6.57%), Gerdau's preferential (5.47%) and the similar of Braskem petrochemicals, the largest in Latin America (3.99%), also advanced.

The most traded shares of the session were the preferential ones of Itaú Unibanco, the largest private financial entity in Brazil, which also gained 2.45%, followed by the ordinary mining giant Vale (3.10%) and the preferential ones of the State oil company Petrobras (1.55%), another of the great values ​​of the Brazilian market.

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