THE Empiricus Investments updated its recommended wallet for the last week of September. After overcoming the Ibovespathe portfolio gained a new share, with Arezzo (ARZZ3) entering the place of PRIOR (PRIOR3), also known as PetroRio.
Filipe Fradinho, responsible for the weekly portfolio at Empiricus Investimentos, explains that, since the definition of the previous portfolio, Arezzo has been on his radar. Now, the analyst has decided to make the retailer’s participation in the portfolio official, since the asset “operates above all averages, which, in turn, point upwards, with the shorter ones above the longer ones guaranteeing the entry because they are regular highs and without great elastic movements”.
Fradinho’s weekly portfolio still has BB Security (BBSE3), Energies from Brazil (ENBR3), Fleury (FLRY3) and Positive (POSI3).
| Company | ticker |
|---|---|
| Arezzo | ARZZ3 |
| BB Security | BBSE3 |
| Energies from Brazil | ENBR3 |
| Fleury | FLRY3 |
| Positive | POSI3 |
Return
Empiricus Investimentos’ portfolio surpassed the Ibovespa last week with a return of 4.06%, compared to a 2.23% increase in the benchmark index.
The highlights were Energias do Brasil and Fleury, which gained more than 7% in the week.
Despite global caution after the US central bank raised the country’s interest rates by 0.75 percentage point, the Ibovespa hit an important mark of renewal of maximums since April, highlights Fradinho.
“It can be understood as a sign of strength in our market. In the global scenario, the monetary authorities have raised their tone in the fight against inflation, and the cost of this is that of falling stock markets and weaker economic activity”, he comments.
According to Fradinho, the break of 115,000 points could take the Ibovespa to 120,000 points in a short time.
“In the worst-case scenario and with an eye on the geopolitical situation between Russia and Ukraine, record global inflation and the most evident economic recession, we must be aware of a possible test in the psychological support region of 100,000 points, which could go up to 108,000”, he adds. The specialist.
Follow Money Times on Instagram!
Connect with the market and have access to exclusive content about the news that enrich your day! Seven days a week and 24 hours a day, you will have access to the most important and commented topics of the moment. And even better, multimedia content with images, videos and lots of interactivity, such as: the summary of the main news of the day in Minuto Money Times, Money Times Responds, in which our journalists answer questions about investments and market trends, lives and much more most… Click here and follow our profile now!
Disclaimer
O Money Times publishes informative articles of a journalistic nature. This publication does not constitute an investment recommendation.
Source: Moneytimes
I am a journalist with over 6 years of experience working in the news industry. I currently work as an author for Global Happenings, and my coverage focuses on Technology news. I have written for various publications, including Reuters, The New York Times and The Guardian.
