São Paulo – The São Paulo Stock Exchange (Bovespa) closed down this Thursday (19th). Ibovespa, the main São Paulo Stock Exchange index, was up 1.48% from Wednesday (18th) to 48,138 points. It was the fourth straight day of increase. Over the week, the index was up 3.48%. On Friday (20th), there will be no trading due to the Black Awareness holiday.
The commercial US dollar closed the day at BRL 3.729, down 1.6% from Wednesday. It was the lowest price since September 1st, the day before Standard & Poor’s slashed Brazil’s credit rating. In the week, the dollar lost 2.7% relative to Brazil’s real.
*Translated by Gabriel Pomerancblum

