São Paulo – The São Paulo Stock Exchange (Bovespa) announced on Friday (4) that the financial turnover was 129.49 billion reals (US$ 77.5 billion) in January, against 132.48 billion reals (US$ 79.3 billion) in December. The average daily turnover was 6.47 billion reals (US$ 3.9 billion), against 6.3 billion reals (US$ 3.8 billion) in the last month of 2010.
The volume of business, however, was greater. Operations totalled 9,304,931 in January and 9,091,400 in December. The daily average last month was 465,247 shares sold, against 432,924 in the previous month.
The shares presenting the greatest financial turnover were Vale PNA, Petrobras PN, OGX Petróleo ON, Itauunibanco PN and BM&FBovespa ON. The Ibovespa, the main stock market index, ended the month at 66,574 points, a reduction of 3.93% as against the last closing in December.
The market value of the 373 companies traded on the trading floor was 2.47 trillion reals (US$ 1.48 trillion). Foreign investors led the financial turnover of the month, with 34.76% of the deal.
*Translated by Mark Ament
