The commercial dollar closed higher for the second day in a row on Wednesday, Feb. 15. The North American currency hit R$5.22, a high of 0.5%. At the same time, the Ibovespa closed at almost 110 thousand points, appreciating just over 1%.
The external scenario contributed to the dollar performance. According to the newspaper Valor Econômico, there was a global tendency for the North American currency to rise.
The indicators of the North American economy presented yesterday were seen positively by the market.
According to the Federal Reserve, equivalent to the U.S. Central Bank, industrial production remained stable after two months of decline.
In addition, the country’s retail sales rose 3% in January, while the expected advance was 1.9%.
Finance Minister Fernando Haddad reduced investors’ tensions in the Brazilian market after announcing that the project presentation for the country’s new fiscal framework will be brought forward to March.
Previously the proposal would only be made public in April.
Haddad participated yesterday in an interview held by BTG Pactual Bank. During the meeting, he also said he favors demanding strict fiscal targets to force the state to work to comply with the rules.
The fiscal uncertainty with the new government is one of the most sensitive points for investors.
And President Luiz Inácio Lula da Silva has already given signs that spending control is not one of his government’s priorities.
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Live Market IntelligenceBrazil — Live Market Board
Rio Times · Live Market Intelligence
Brazil — Live Market Board
+0.85%
206,034.59
+0.85%
64,653.33
-1.01%
11,004.95
+0.05%
2,860,413
+1.29%
2,538.78
+0.15%
60,766.81
-1.71%
| Instrument | Last | Change | YoY | Prev. | High | Low | Volume |
|---|---|---|---|---|---|---|---|
| IBOV | 206,034.59 | +0.85% | +21.85% | 204,302.33 | 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 |
This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief