Brazil Stock Exchange closes its worst month in more than 20 years, real also sinks in March


SÃO PAULO, Mar 31 (Reuters) – Brazil’s main stock index closed with a further decline on Tuesday and accumulated the worst monthly performance in more than 20 years in March, affected by the strong risk aversion that gripped the markets for the rapid spread of the new coronavirus.

* The Bovespa fell 2.08% to 73,086 points, according to preliminary closing data. The financial volume amounted to R $ 20.5 billion.

* In March, the slump was 29.8%, the largest monthly percentage decline since August 1998, a year marked by the financial crisis in Russia.

* In the year, the Bovespa has lost 36.8%, the worst quarterly result since at least 1994.

* In the foreign exchange market, the real fell 0.25% to 5.1944 units per dollar. In March, meanwhile, the currency lost about 15% against the greenback while the devaluation in the first quarter of the year was almost 30%, the highest since 2002.

(Edited in Spanish by Rodrigo Charme)