World News 

Ibovespa closes Gastança PEC higher expectation set

🇧🇷 Photo: B3 On a day of below-average trading volume and prone to bullish moves, news that Lula’s government transition team will look into reducing planned spending at the PEC da Gastança helped the stock market. B3 (Sao Paulo Stock Exchange) has been bullish for practically the entire session, gaining an extra breath with the news in the last hours of trading, but has returned the movement to 0.81% to 113,161 points. Futures interest rates have declined and are at a discount compared to the high rates of previous sessions.…

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World News 

Ibovespa returns some of the gains with Bolsonaro’s speech

×: Photo: B3 The country’s main stock index, the Ibovespa, pared its highs at the end of today’s session after gains on the prospect of an announcement from President Jair Bolsonaro. At 4:38 p.m., as the incumbent president made his expected speech, the stock market hit a 1.90% high, but soon gave back gains to close up 0.77% at 116,928. Bolsonaro did not admit defeat, but promised to continue “fulfilment of all the commandments of our Constitution”. The market, however, did not see the announcement as enough to generate more…

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World News 

Petrobras and Banco do Brasil lead Ibovespa losses as Lula is elected

×: Photo: Fernando Frazão/Agência Brasil The two largest state-owned B3 (Sao Paulo Stock Exchange) posted their worst performance this morning since the election. In the first 45 minutes of the session, the Brazilian oil company fell by more than 6% and Banco do Brasil by a little more than 4%. The two roles were the stars of the so-called Bolsonaro outfit that lost this Sunday’s dispute. On the plus side, companies in the education, retail and construction sectors, which are most associated with the so-called Lula package. This is because,…

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World News 

Ibovespa ignores the outside and closes higher with commodities

×: Photo: B3 The Brazilian stock exchange closed the trading session this Wednesday with a gain of 0.83% in the Ibovespa, the main stock index B3. Advances in overseas commodities dragged the two giants of the national market, Petrobras and Vale, whose shares were valued at 3.76% and 1.54%. In addition to them, the price of Suzano, the world’s largest pulp producer, also increased, closing by +2.56%. The largest increase in raw materials was due to oil, which responded positively to the announcement by OPEC+ (Organization of the Petroleum Exporting…

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World News 

At the tip of the pencil, is the Ibovespa really cheap?

×: Photo: B3 In a blog post yesterday, renowned professor, writer and financial market theorist Aswat Damodaran published an examination of his views on the pricing and fair value of the S&P 500 (the main North American stock market index). Inspired by this, in today’s report we carry out a similar exercise only for the main Brazilian index, the Ibovespa.. For the baseline research scenario, Professor Damodaran used three references. The first, in his opinion, was the optimistic scenario in which the S&P 500 will register a profit in line…

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Entertainment 

Ibovespa closes higher on Friday and has a third straight week of gains; the dollar falls to R$ 5.16

The rise in the São Paulo stock market was driven by Vale and Petrobras; the impact of employment data in the United States Contents Dudu Macedo/Estadão The dollar fell by 0.14% in the accumulated result for the week O Ibovespamain index i Stock Exchange of Sao Paulo, increased by 0.55% this Friday, the 5th, and ended the day at 106,471 points, a level of 3.19% above what it was at the beginning of the week. The main driver for growth was US jobs data, which showed 528,000 jobs were added…

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Entertainment 

Ibovespa rises 2.04% and the dollar falls to R$ 5.22 after Copom’s decision on interest rates

The indication that the high cycle of Selic may be near the end encourages investors; affects the outside as well Ahmad Ardity/Pixabay The stock market rose sharply on Thursday O Ibovespamain index i Stock Exchange of Sao Paulo, had a strong increase this Thursday, by 4, by 2.04%, and reached 105892 points. The main reason for the increase was the indication by the Monetary Policy Committee (Copom) of the Central Bank (BC) that Selic’s interest rate hike cycle may be nearing an end. On Wednesday, the 4th, Copom increased interest…

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Entertainment 

The dollar rises on the day, but closes the week; Ibovespa rises, attracted by Petrobras

Shares in the state oil company rose more than 5% after announcing a record dividend payout on Thursday Pixabay Ibovespa had a good week thanks to Petrobras and the Fed O dollar there was a slight increase vs true this Friday, the 29th, of 0.21%, and ended the day quoted at R$5.17. However, during the week, the US currency depreciated by 5.88%. Friday’s session was volatile as investors braced for Ptax (the official exchange rate, an average calculated by the Central Bank four times a day from what is reported…

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Entertainment 

The dollar falls 1.84% and closes at R$5.25 with a decision on interest in the US; Ibovespa takes off

The Brazilian stock market was pulled by foreign peers, who were taking advantage of risky assets ROBERTO GARDINALLI/FUTURA PRESS/ESTADÃO CONTÚDO The dollar has shown volatility in recent weeks O dollar fell 1.84% vs true this Wednesday, the 27th, and closed the day quoted at R$ 5.25, the third followed by a decline. The day was marked by an increase in interest rates in the United States by 0.75 percentage points, in the range between 2.25% and 2.5% per year. After the determination, the chairman of the Federal Reserve (Fed, American…

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Entertainment 

Ibovespa returns to the level of 100 thousand points and the dollar has a strong fall with an increase in goods

The US currency fell 2.33% as a result of the positive climate for primary commodity producing countries and the tension over interest rates in the US BRUNO ROCHA / PHOTO ARENA / ESTADÃO CONTEÚDO The dollar was weaker as companies such as Vale and Petrobras rose Growth in wares that took place this Monday, the 25th, helped Ibovespamain index i Stock Exchange of Sao Pauloto recover the level of 100 thousand points, at the same time that it has fallen dollar, which ended the day quoted at R$ 5.37. Ibovespa…

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