Brazilian stock market reacts to dollar fluctuations and ends trading session in decline
The Ibovespa, the primary index of Brazil’s Stock Exchange (B3), concluded its trading session on Tuesday, 13, with a 0.51% decrease, settling at 116 thousand points. This outcome halts a streak of seven continuous rises.
Investor apprehension contributed significantly to this negative shift in the stock market.
The Central Bank (BC) is slated to meet next week to discuss the nation’s interest rate policy. Currently, the basic interest rate, or Selic, stands at 13.75%, a figure regarded as a key pillar underpinning the Real.
Market operators anticipate that the rate will stay steady.
Nonetheless, slowing inflation and other indices moving in favor of government targets have led market operators to speculate that the rate may drop.
Such a decrease would alleviate pressure on entrepreneurs seeking credit.
In the US, inflation data supports the prediction of the Federal Reserve maintaining the interest rate in their meeting on Wednesday, 14.
Although it decelerated to 0.1% in May and accumulated 4% over the past 12 months – the lowest value since 2021 – if the value remains close to market expectations, the rate will likely stay between the current 5% and 5.25%.
In anticipation of Wednesday’s meeting outcome, the commercial dollar ended its activity nearly stable at a 0.08% change, quoted at R$ 4.86.
Review of Key Stock Market Indices:
Ibovespa: 116,742.71 (-0.51%);
S&P 500: 4,369.20 (+0.70%);
Nasdaq: 13,573.32 (+0.83%);
Dow Jones: 34,212.12 (+0.43%);
Dollar: R$ 4.86 (-0.08%); and
Euro: R$ 5.24 (+0.21%).
Live Market IntelligenceBrazil — Live Market Board
Rio Times · Live Market Intelligence
Brazil — Live Market Board
+1.63%
170,656.00
+1.63%
64,349.80
+0.55%
11,339.66
+0.91%
2,931,172
+1.92%
2,454.74
+0.43%
58,698.13
+1.62%
| Instrument | Last | Change | YoY | Prev. | High | Low | Volume |
|---|---|---|---|---|---|---|---|
| IBOV | 170,656.00 | +1.63% | +21.85% | 167,927.15 | 168,310 | 167,142 | — |
| USD/BRL | 5.16 | +0.01% | -5.13% | 5.16 | 5.18 | 5.14 | — |
| SELIC | 14.00% | — | — | — | — | — | |
| PETR4 | 41.64 | -0.05% | +35.19% | 41.66 | 41.97 | 41.15 | 41,499,400 |
| VALE3 | 72.97 | +0.83% | +30.75% | 72.37 | 73.54 | 72.66 | 17,658,000 |
| ITUB4 | 38.60 | -1.03% | +4.57% | 39.00 | 39.34 | 38.39 | 29,487,800 |
| BBDC4 | 16.85 | +0.36% | +3.50% | 16.79 | 16.90 | 16.67 | 19,416,900 |
| BBAS3 | 19.37 | +0.47% | +0.73% | 19.28 | 19.44 | 19.16 | 11,069,200 |
| B3SA3 | 14.26 | -0.21% | +12.73% | 14.29 | 14.47 | 14.11 | 33,037,800 |
| ABEV3 | 14.89 | -0.80% | +21.91% | 15.01 | 15.07 | 14.81 | 16,453,100 |
| WEGE3 | 47.59 | +0.49% | +29.99% | 47.36 | 48.08 | 47.36 | 3,364,600 |
| PRIO3 | 59.14 | -0.19% | +50.67% | 59.25 | 59.81 | 58.74 | 3,325,600 |
| SUZB3 | 41.33 | +2.35% | -23.55% | 40.38 | 41.48 | 40.35 | 3,914,900 |
| RENT3 | 34.68 | -0.09% | +0.84% | 34.71 | 34.96 | 34.35 | 7,979,100 |
| AZZA3 | 15.89 | -2.63% | -53.76% | 16.32 | 16.42 | 15.82 | 1,330,300 |
| CSNA3 | 4.30 | +0.47% | -42.65% | 4.28 | 4.41 | 4.26 | 10,076,100 |
| GGBR4 | 24.69 | +2.19% | +51.38% | 24.16 | 24.85 | 24.18 | 7,047,600 |
| ENEV3 | 24.21 | -1.38% | +70.49% | 24.55 | 24.64 | 23.99 | 9,297,000 |
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