Ibovespa extended the gains from the day before and accumulated more than 3% in the week with record renewal (image: istock.com/erhui1979)
THE Ibovespa (Ibov) ‘The Wall Street markets have overcome’ liquidity without negotiations and renewed the ‘double record’ for the second consecutive session.
This Friday (4), the main index of scholarship Brazilian ended the trading session with high of 0.24%, at 141,263.56 points, at the highest nominal level in history. The previous record was recorded yesterday (3), when it closed at 140,927.86 points.
During the session, the Ibovespa also renewed the nominal intradia maximum upon reaching 141,563.85 points (+0.45%).
Already the dollar in sight (USBRL) ended the negotiations with R $ 5,4248, with 0.37%increase.
In the domestic scenario, investors continued to follow the tension between the executive and the legislature around the impasse on the tax on financial operations (IOF).
In the morning, the Federal Supreme Court Minister (STF) Alexandre de Moraes suspended the effects of the presidential decrees that raised the rates of the IOF as well as the decision of National Congress Last week that sustained the effects of the measure adopted by the president’s government Luiz Inácio Lula da Silva.
In an injunction, Moraes summoned a conciliation hearing for the 15th with representatives of the government, the House, the Senate and the Attorney General’s Office.
THE Minister of Finance, Fernando Haddadhe said that Moraes’s decision seeks to delimit competences of each power, “which is great for the country.” In conversation with journalists in Rio de Janeiro, Haddad said the government will show the Supreme Court that there was no linear increase in the IOF, but distortion corrections.
“We corrected what seemed to us misleading from the point of view.
High and Falls on Ibovespa
Ibovespa’s positive tip was led by Viber Energy (VBBR3) After a report of the crop noting that the company gained 0.9% of ethanol market share, “mainly reflecting the biggest competitiveness in this market after the start of single -phase federal taxes on ethanol,” explains the bank. The information is from Broadcast.
In addition, the papers were driven after Brazil Journal reported that Inpasa, the largest maize ethanol producer in Brazil, acquired approximately 3% of the vibration and plans to further increase its participation. Inpais, however, denied in a statement.
“Although purchasing pressure can help support the price of stocks, we tend to believe that due to the company’s status as an open corporation and its established internal governance, strategic decisions will only be affected if individual investors reach controlling participations in the company,” said Itaú BBA in a report.
The heavyweights of the index also rose and boosted the gains of the trading session. Among them, OK (Voucher3) advanced in the wake of iron ore performance in China. Already Petrobras (Petr3; Petr4) interrupted the sequence of gains and ended up falling in the treadmill of the oil oil.
The negative tip was led by Egie (EGIE3)that returned the gains from the day before. Yesterday (3), the electrical shares rose more than 4%.
In the week, Embraer (EMBR3) it was the action with the best performance of Ibovespa, while Assaí (Asai3) recorded the worst performance of the period.
Us United Statesthe markets of Wall Street They remained closed on Friday (4) with the Independence Day holiday.
Even so, investors were expecting the budget package presidential sanction, known as “Beautiful Bill ”, approved yesterday (3) by the Chamber of Representatives. The measure is expected to increase US fiscal deficit by $ 3.3 trillion in the coming years.
In Asiathe indices closed without a single direction. The index NikkeiFrom Japan, he extended the eve gains ended the day with a slight advance of 0.06%. Hang SENG, from Hong Kongfell 0.64%.
In Europe, the rates crashed with expectations about US commercial negotiations with the European Union with the end of the end of tariffs. The Pan-European Index Stoxx 600 Fell 0.48%at 541.13 points.
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.
