O Ibovespa ended in slight decline this Thursday (3), having reversed the gains throughout the afternoon.
Following the negative tone of the US stock market U.Sthe main index of the Brazilian Stock Exchange registered a drop of 0.09%, to 115,066 points, according to preliminary data.
O Future Ibovespa closed down 0.08%, at 116,382 points.
At the beginning of the trading session, the Brazilian stock market followed the international movement of commoditieswith emphasis on gas, aluminum, Petroleum and wheat.
natural gas prices, coal and aluminum reached record highs today, with Russia and Ukraine still in the spotlight.
Russia is one of the main suppliers of oil, gas, metals and grains of the world. The impact of sanctions against the country after the invasion of Ukraine has unbalanced the global supply of inputs and raw materials.
New offensives by the Russian troops took place in Ukrainian territory on Thursday. After arriving in Chernobyl, Russia managed to enter the city of Energodar, next to the largest nuclear power plant in Europeand began to open fire.
Earlier today, the second round of negotiations for a ceasefire attempt took place, but there was little progress. However, Russia’s chief negotiator Vladimir Medinsky, said progress had been made to establish humanitarian corridors for civilians and a possible ceasefire around them.
Further negotiations between both sides are planned to take place, but there is no confirmed date.
Source: Moneytimes
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