São Paulo stock exchange advances 0.83% for the week

Leading the gains were the ordinary shares of the state-owned electricity group Eletrobras (4.09%) and the shares of the Brazilian subsidiary of the Spanish Banco Santander (3.97%).

RIO DE JANEIRO, BRAZIL - The São Paulo stock exchange rose 0.83% in the five sessions of a week marked by tensions in the political scenario, with the growing conflict between President Jair Bolsonaro and the Judiciary; and fiscal tensions due to the risk of an uncontrolled increase in public spending.

According to preliminary results at the end of the session, the Ibovespa, the benchmark index of the trading floor, rebounded this Friday by 0.97% and closed at 122,810 basis points.

The first week of August, full of ups and downs, was saved thanks to the strong . . .

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