Foreign investors decrease capital on the Brazilian Stock Exchange

Interrupting ten straight trading sessions with increased turnover, foreign investors withdrew R$310 million (US$58.84) from the Brazilian Stock Exchange stock market (B3).

The figure refers to February 7 trading, the most current data.

According to the Antagonista website, the monthly balance remains at about R$7 billion, even with the reduction.

For the year, the balance is R$3.5 billion.

Foreign investors move a little more than half of the Brazilian stock market, as shown in the B3 reports.

In January, for example, they moved 55% of all business of this type on the country’s stock exchange.

In the second position appear institutional investors, with about 25%.

The third place is occupied by individual traders (15%), and the third is by financial institutions 4%.

On trading days, B3’s turnover, adding foreign and Brazilian investors together, moves tens of billions of reais.

In January, for example, the daily average closed at just under R$25 billion in shares.

Despite being high, the figure represents a drop of 16% over the same month in 2022.

Recently, President Luiz Inácio Lula da Silva has made attacks on the autonomy of Brazil’s Central Bank.

The president said he didn’t understand the reasons for the value set for the economy’s basic interest rate, the Selic rate, fixed by the institution.