The last week was marked by the repercussions of the collapse of the SVB Financial Group in the markets. The fear of contagion in financial sector created a wave of risk aversion that penalized the main indices around the world, including the Ibovespa.
After all, what is the size of the impact of the banks foreigners in Brazilian financial institutions?
This theme was highlighted in the editorial Buy or Sell of Money Times last week. Check out what else was in the news below:
10th place – PetroReconcavo (RECV3) drops almost 20% with oil and report; time to buy the stock?
PetroReconcavo (RECV3) collapsed 19.27% on Wednesday (15), at R$ 22.21, after the company released a new certification report and amid a sharp decline in Brent oil (-4%) .
Check out the full article here.
9th place – Nubank (NUBR33) and Inter (INBR32): Should investors be worried after fintech bank failures?
Nubank (NUBR33) and Inter (INBR32) are “fine”, in a scenario where capital conditions for fintechs may deteriorate, after the collapse of SVB – whose base consisted mainly of fintechs and health startups. Digital banks denied direct links with the institution.
Check out the full article here.
8th place – Lula’s fiscal framework will be just ‘cute’ and nothing else, says economist
The new fiscal framework, anxiously awaited by the market since President Lula was elected last year, is about to be known.
Despite this, economist Marcos Mendes, PhD in Economics from USP and researcher at Insper, guest on the 32nd episode of Market Makers, is not very optimistic about the proposal.
Check out the full article here.
7th place – Why did Vale (VALE3) fall 3%, even with the strength of iron ore?
Not even the actions of mining and steel companies escaped the bloodletting of stock markets around the world on Wednesday (15).
Risk aversion took over the markets after the shareholder of one of the largest European banks, Credit Suisse, denied increasing the stake in the bank due to regulatory issues. The news was poorly received amid the collapse of the SVB Financial Group, raising concerns of a 2008-like financial crisis.
Check out the full article here.
6th place – Managers avoid big banks and say the worst could be yet to come
With the banks’ fourth quarter balance sheet showing the impacts of Americanas’ billionaire shortfall (AMER3), some managers have avoided or reduced exposure to the sector.
Check out the full article here.
5th place – IRB (IRBR3): Why stock is no longer a ‘sale’, according to BB Investimentos
The IRB’s recovery plan (IRBR3) showed clearer signs of evolution, especially in terms of claims, “which has been the company’s biggest problem in recent quarters”, said BB Investimentos.
Check out the full article here.
4th place – Sell shares of Taesa (TAEE11), say analysts, after results; and dividends?
Taesa’s results (TAEE11) divided opinions among analysts. On the side of investors, the numbers did not please much, reflecting the fall of shares in the trading session on Thursday (16).
Check out the full article here.
3rd place – Dividends: Petrobras (PETR4) must pay a fraction of what it paid in 2022; see Itaú calculations
Petrobras’ dividends (PETR3;PETR4) should wane in 2023, estimates Itaú BBA in a report sent to clients on Monday (13). According to the broker’s calculations, the company should limit itself to paying 25% of profit, the minimum required by law.
Check out the full article here.
2nd place – Falling Selic ahead of schedule? The long-awaited crisis of high interest rates has arrived
“There is no free lunch”. If there’s a catchphrase that has everything to do with the financial market, it’s this one. So, would it be time to see the Selic rate drop earlier than expected here in Brazil?
Check out the full article here.
1st place – Bradesco (BBDC4) and BB (BBSA3): The impact of the SVB crash on Brazilian banks
Bradesco (BBDC4) may have the payout (percentage of net income distributed in the form of dividends or interest on equity) reduced, aiming at preserving capital levels, assessed Itaú BBA, in a report that analyzes the indirect impacts of the collapse of Silicon Valley Bank (SVB).
Check out the full article here.
Source: Moneytimes
I am an author and journalist with a focus on market news. I have worked for a global news website for the past two years, writing articles on a range of topics relating to the stock market. My work has been published in international publications and I have delivered talks at both academic institutions and business conferences around the world.
