Ibovespa closes lower with fiscal concerns and no catalyst for purchases

Ibovespa closed its doors this Monday, with no respite in increasing rates of DI contracts amid concerns over the fiscal scenario and monetary policy in the country, while GPA skyrocketed with growing speculation involving the man of ‘affairs Nelson Tanure.

The reference index of the Brazilian stock exchange, Ibovespa, lost 0.86%, to 123,542.1 points, according to preliminary data, after having scored 123,495.17 points at the minimum and 124,955.95 points at the maximum of the day. The financial volume amounts to 20.2 billion reais before final adjustments.

Source: Terra

Rose

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