Ibovespa opens with a positive orientation awaiting signals on the fiscal rule

Ibovespa opens with a positive orientation awaiting signals on the fiscal rule

Ibovespa opened in a positive bias on Monday amid adjustments after accumulating two weeks of declines, with attention turned to further signals on Brazil’s new tax rule, while the corporate scene highlighted Azul’s deal with leasing companies, as well as the airline’s balance sheet.

At 10:05, the Ibovespa was up 0.28% to 104,155.39 points.

At the same time, the Ibovespa futures contract with the shortest maturity, on April 12, advanced 0.33% to 105,300 points.

Ibovespa rose 0.52% to 103,865.99 points on Friday, but piled up a 1.83% loss for the week, the second in a row, after losing 3.1% the previous week. In the cumulative result for the year it represents a loss of 5.35%.

Source: Terra

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