Ibovespa experiences slight decline after flirting with 135 points.

(Reuters)- The Ibovespa closed with a modest decline on Tuesday, despite gains in blue-chip stocks Vale and Petrobras, as concerns remain about the potential economic repercussions of the recent escalation in trade tensions between Brazil and the United States.

The Ibovespa, the benchmark index of the Brazilian stock market, fell 0,11% to 134.015,09 points, according to preliminary data, having reached a high of 135.300,29 points and a low of 133.986,03 points during the day.

The trading volume totaled R$15,5 billion before final adjustments.