RIO DE JANEIRO, Feb. 23 (Xinhua) -- Sao Paulo Stock Exchange (Bovespa) Friday registered a fall of 0.94 percent following two consecutive days of record rises.
Bovespa's first record high of 46,090 points came on Wednesday this week when it reopened following the six-day Carnival holiday.
This surge defied a smaller negotiated trade volume of 2.2 billion reais (1.05 billion U.S. dollars). The exchange's average daily trade volume is 3 billion reais (1.44 billion dollars).
The climb continued on Thursday when Bovespa's benchmark index registered 46,452 points.
Such a historical performance, together with a fall in the U.S. stock markets, prompted investors to pocket their gains Friday bringing about the fall to 46,015 points, analysts said.
Compared to last week, Bovespa presented a positive variation of 0.36 percent. The company registering the highest percentage gains this week was e-commerce Submarino, with an accumulated rise of 7.28 percent. Steel company Usiminas had the highest losses, down 5.27 percent.