Ibovespa presents a timid variation at the opening with a drop in raw materials

Ibovespa presents a timid variation at the opening with a drop in raw materials

The Ibovespa recorded a timid change in early trades this Thursday, after renewing its highs since August 2021 in the last trading session, with the return of holidays in Brazil marked by the decline in raw materials such as oil and iron ore.

Financial officials are also scrutinizing American company balance sheets that show billions of dollars in losses in 2021 and 2022 for the retailer, which earlier this year saw one of the largest judicial recovery claims in Brazil’s history.

At 10:04 am the Ibovespa rose 0.02% to 123,188.62 points. The Ibovespa futures contract with the shortest expiration, on December 13, lost 0.36%.

Source: Terra

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