Dollar back to being negotiated close to 5 reais; Stock Exchange closes higher
The Ibovespa, the main index of the Brazilian Stock Exchange (B3), closed the week’s last trading session with an appreciation of 0.58%, at 110 thousand points.
Accumulated, there was a little more than 2% appreciation.
The domestic scenario had a favorable week, mainly due to the expectation of the processing of the fiscal framework.
During an event promoted by the Central Bank (BC) on Friday 19th, the Minister of Finance, Fernando Haddad, reaffirmed that there is room for interest rate cuts in the country.
For Haddad, discussing the possibility of a drop in the Selic rate doesn’t mean affronting the Central Bank’s monetary authority.
The minister also spoke again about the possibility of disconnecting inflation from annual targets.
The dollar returned to the R$ 4.99 level after a 0.56% hike. The North American currency accumulates a negative performance of 5% in 2023.
The statement by the Federal Reserve (Fed) president, Jerome Powell, impacted the dollar’s result.
He said that the bank sector’s stress may reduce the need for a stronger “tightening” in monetary policy but evaluated that the effects of the banks’ crisis on the economy are still uncertain.
Follow the main stock market indexes:
Ibovespa: 110,744.51 (+0.58%)
S&P 500: 4.191,80 (-0,15%)
Nasdaq: 12.657,90 (-0,24%)
Dow Jones: 33,426.43 (-0.33%)
Dollar: R$ 4.99 (+ 0.41%)
Euro: R$ 5.39 (+0.84%)
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Live Market IntelligenceBrazil — Live Market Board
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Brazil — Live Market Board
+0.51%
171,906.72
+0.51%
66,101.04
+0.57%
11,537.97
+1.76%
2,995,129
+2.81%
2,510.72
+2.09%
60,222.25
-0.17%
| Instrument | Last | Change | YoY | Prev. | High | Low | Volume |
|---|---|---|---|---|---|---|---|
| IBOV | 171,906.72 | +0.51% | +21.85% | 171,031.73 | 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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