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Brazil: a 1.9% rise in GDP makes the stock market rise and the dollar fall in the first trading session of the month

B3’s Ibovespa index closed this Thursday (1) with a high of 2.06%, reflecting the GDP numbers released earlier by IBGE.

The sum of all the country’s wealth grew by 1.9% in the first quarter and had the best result for the beginning of the year since 2010.

The Ibovespa rose driven by the GDP performance above the market expectations (Photo internet reproduction)

The performance above the expected by the market, 1.1%, helped to pull the stock market up and made the dollar close the day quoted at R$5.01 after three consecutive days of high.

The North American currency was traded at R$5.10 on Wednesday (31).

With information from Gazeta do Povo

News Brazil, English news Brazil, Brazilian stock market

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