Ibovespa (IBOV) seeks breath in the last trading session of March, digesting the fiscal framework

The Ibovespa is seeking breath this Friday (31), awaiting clarification on the fiscal framework (Image: Patricia Monteiro/Bloomberg)

O Ibovespa (IBOV) seeks breath this Friday (31), after rising 1.89% in the last trading session, closing higher for the fifth time in a row. Around 10:10 am, the spot index lost 0.10%, at 103,613 points.

At the same time, future stock indices in New York operated at an all-time high.

This is the last trading session in March, which also closes the first quarter of the year. After the Ibovespa rose more than 5% over the week, the investors are looking for an opportunity to end March on a high note.

The domestic market continues to digest the changes that the new tax framework will bring to the economy.

Once Minister Fernando Haddad won the endorsement of the Planalto, it remains for Congress and the business community to be convinced of the new rule.

The Minister of Finance has a series of meetings with representatives of the market and the productive sector scheduled for this Friday.

Meanwhile, the markets Global countries have a more favorable perception of the banking crisis, although they are waiting for several points to be clarified.

*With Juliana Américo and Olivia Bulla

Source: Moneytimes

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