The Chinese stock market closed down on Monday (20), with the CSI300 index, composed of the main companies listed on the Shanghai and Shenzhen Stock Exchanges, devaluing 1.5% and the SSEC, in Shanghai, falling 1.07% .
Even the country’s first benchmark lending rate cut for the first time in 20 months has not cheered investors.
THE iron ore went up for the third time in a row. The most traded iron ore for May delivery on the Dalian stock exchange gained 0.7% to RMB 687.50 per tonne.
The most active iron ore contract for January on the Singapore Stock Exchange rose by up to 6.7%, to US$ 127.95 a ton, the highest value since October 12, and then slowed the increase.
Analysts are optimistic about the recovery in production of steel and the achievement of Beijing’s annual targets.
US U.S, futures indices were trading lower earlier this morning. European stock exchanges also followed the same downward trend, amid fears with the variant omicron.
In Brazil, new data on the Focus Bulletin, do central bank. For the tenth time in a row, the market reduced the expectation of growth of the Brazilian economy in 2021, adjusting to the inflation.
Experts estimate that the Gross Domestic Product (START) should grow 4.58% this year, compared to an increase of 4.65% the week before.
THE BTG Actual (BPAC11) it’s at Now Investments released their investment recommendations for the day. The suggested actions are from graphic analysts, who use a methodology that seeks to anticipate very short-term trends.
Remember that every investment involves risk and therefore there is no guarantee of a return. Therefore, respect the stops indicated – points where losses become intolerable and it is better to reset the positions.
| Agora | |||||||
|---|---|---|---|---|---|---|---|
| Business | Ticker | Entry (BRL) | 1st target (BRL) | earning potential | 2nd target (BRL) | earning potential | Stop (R$) |
| Santos Brazil | STBP3 | 6,94 | 7,08 | 2,02% | 7,18 | 3,46% | 6,81 |
| Eztec | EZTC3 | 21,1 | 21,48 | 1,80% | 21,74 | 3,03% | 20,74 |
| Want-I Want Stores | LJQQ3 | 11,55 | 11,78 | 1,99% | 11,9 | 3,03% | 11,34 |
| Agora | |||||||
|---|---|---|---|---|---|---|---|
| Business | Ticker | Entry (BRL) | 1st target (BRL) | earning potential | 2nd target (BRL) | earning potential | Stop (R$) |
| BRF | BRFS3 | 21,55 | 21,87 | 1,48% | – | – | 21,38 |
| CPFL Energy | CPFE3 | 27,84 | 28,25 | 1,47% | – | – | 27,63 |
| Klabin | KLBN11 | 26,43 | 26,81 | 1,44% | – | – | 26,24 |
Check out the investment methodology and analyst notices:
BTG Methodology: An asset with a suggested buy that has the opening above the entry point should be discarded, as well as an asset with a suggested sell that has the opening of the day below the entry point. Upon reaching the partial, the operation must be reduced by 50% and the stop adjusted to the entry point. The stop should only be considered after opening a position. The quotation during the trading session at this point (stop suggested), without the transaction being open, does not invalidate it.
Agora Methodology: operations awaiting entry point, valid for today only. Stop loss value valid only after the trade has been entered. Returns are gross, free of brokerage and fees. If the asset gaps, reaching the target before the entry price, the trade is cancelled.
Disclaimer
THE Money Times it publishes articles of a journalistic nature, which aim at the democratization of information. Our publications must be understood as announcing and disseminating bulletins and not as an investment recommendation.
Source From: Moneytimes
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