The Ibovespa closed lower this Friday, characterized by a series of corporate news and mixed performances on Wall Street, renewing the lows of the afternoon session after President Luiz Inácio Lula da Silva’s statements according to which the 2024 zero fiscal target is unlikely will be achieved.
According to preliminary data, the benchmark index of the Brazilian stock exchange, Ibovespa, fell by 1.22%, to 113,376.75 points. The performance was not worse only because of the jump in Vale shares.
The financial volume this Friday amounted to 20.1 billion reais before the final changes.
During the week, the index still secured an increase of 0.2%, but continues towards a negative monthly result, with an accumulated decline of 2.74% to date.
Source: Terra
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