Ibovespa Grows with Meatpacking Companies Leading Earners;  Vale (VALE3) appears on the negative side, NY advances and the dollar retreats

Ibovespa Grows with Meatpacking Companies Leading Earners; Vale (VALE3) appears on the negative side, NY advances and the dollar retreats

OR Ibovespa it began Monday’s session (26th) with a slight decline, before becoming positive during the morning. At around 12.10pm the index increased by 0.25%, to 129,739 points.

The fall of iron ore this morning in China limits the gains of Bovespa Indexwhile the positive bias of North American stock exchanges positively influences the index.

Monday’s indicator agenda is empty, but will gain strength throughout the week here and abroad, with inflation and GDP data in Brazil and the United States in particular in focus.

Furthermore, interventions are expected from the monetary authorities that can guide investors in betting on global interest rates, especially in the USA.

OR Petrolium presents increases of around 0.50%, while the Petrobras the bias follows: Petrobras ON (PETR3) rises by 0.41% to R$ 43.80 and Petrobras PN (PETR4) rises by 1.29% to R$ 42.43. Already the OK (VALE3) fell 2.57% to R$65.65, following the fall of the ore and perhaps the rumors that the government would like to appoint a new name as president of the company, after the failure to appoint Guido Mantega, echo.

The biggest rise in the Ibovespa comes from BRF (BRFS3), which publishes its balance sheet today after the market close, jumping 5.41% to R$14.24. Then three more companies in the refrigeration sector appear: JBS (JBSS3), +4.80% at R$ 22.27, Marfrig (MRFG3), +4.58% at R$ 8.91 and Minerva (BEEF3), + 4.46% to R$6.79.

On the downside, Dexco (DXCO3) led the losses with -2.98% to R$7.83. The aforementioned Vale occupies second place, and Bradespar (BRAP4), the holding company of the mining company, completes the top-3 of the worst performers with -2.07% to R$21.31.

Market in New York

To the New York Stock Exchange they are trading at highs on Monday, awaiting the indicators that are expected to guide market sentiment throughout the week, particularly the PCE, the Federal Reserve’s preferred inflation index, which will be released on Thursday.

Check the performance of market in New York around 12.10pm:

  • Dow Jones: +0.17% to R$39,197 points
  • S&P500: +0.07% to 5,092 points
  • Nasdaq: +0.24% at 16,035 points

Ibovespa’s biggest ups and downs

Dollar exchange rate

A dollar exchange rate today falls by 0.28% to R$4.9811.

OR dollar falls amid the day’s weakest agenda and interest rate relief on long Treasuries. Investors lead a realization of profits in foreign currencyafter the dollar rose by 0.81% on Friday (23rd), to R$4.9930 – the highest closing value since the 8th (R$4.9948).

In Europe, declines in the main stock exchanges with an empty day

On a day without relevant indicators or balance sheets in Europe, investors will follow the speech of the president of the European Central Bank (ECB), Christine Lagarde, in a debate, in the early afternoon, seeking possible comments on interest rates and Eurozone economy.

Overall, ECB officials have said in recent weeks that they need to be more confident that euro zone inflation is heading sustainably towards the official 2% target before considering the possibility of rate cuts.

At 6.55am (Brasilia time), the London Stock Exchange lost 0.33% and that of Paris 0.40%, while those of Milan, Madrid and Lisbon recorded losses of 0.35%, 0 respectively. .21% and 0.75%. In the opposite direction, Frankfurt recorded a slight increase of 0.08%.

Mixed Asian bags

To the Asian bags closed without a single direction this Monday (26th), with Tokyo renewing its all-time high and Shanghai interrupting a long sequence of gains.

Returning from a holiday in Japan, the Nikkei index rose 0.35% to 39,233.71 points in Tokyo today, supported by retail stocks and hitting an all-time high for the second consecutive session.

Also among the Asian stock markets, in mainland China, the markets had mixed performances. The Shanghai Composite Index fell 0.93% to 2,977.02 points, in a likely profit-taking move, after advancing for eight consecutive sessions amid stimulus measures and Chinese government moves to stabilize commodity prices. actions.

See how others behave Asian stock exchanges:

  • Shenzhen Composite: growth of 0.44%, to 1,677.15 points;
  • Hang Seng: fell 0.54% in Hong Kong, to 16,634.74 points;
  • Kospi lost 0.77% in Seoul, to 2,647.08 points;
  • Taiex: gain of 0.31% in Taiwan, to 18,948.05 points;
  • S&P/ASX 200 (Oceania): up 0.12% in Sydney, to 7,652.80 points.

*With information provided by Dow Jones Newswires and Estadão Conteúdo

Ibovespa Friday (23)

OR Ibovespa it closed Friday’s session (23rd) down by 0.63%, to 129,418.73 points.

Source: Terra

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