B3 once again recorded a strong net outflow of foreign investments on the stock exchange on Monday, the 30th. According to the institution’s bulletin, the balance was negative 1.6 billion reais on the day.
The accumulated result for the month of January so far is a loss of 6.9 billion reais. If the number is confirmed, this will be the worst result for the first month of a year since January 2020, when international markets were suffering from the effects of the Covid-19 pandemic.
Against any monthly period, with one day of data still missing, this is on track to be the worst month since August last year, when more than 13 billion reais left the national stock market.
The month of January this year has marked the Brazilian stock exchange with negative numbers. On the 19th, B3 recorded the highest volume of foreign exits in a single day since 2021, with a negative balance of 3.451 billion reais.
According to stock market data, in the last 13 years only on two occasions has there been such a large outflow of foreigners in a single session: in September 2012, when 6.2 billion reais left the stock exchange; and in February 2021, when 6.7 billion reais left the national stock market.
The departure of foreigners also contributed to the poor performance of Ibovespa at the beginning of the year, with the index falling 4.79%, the worst January for the main Brazilian stock indicator since 2016, when it closed the month down 6.79%.
Meanwhile, American and European stock indicators had a more promising start to the year, with the S&P 500 (which brings together shares of the 500 largest companies in the United States) ending the period up 1.59%, the Euro Stoxx 600 (with the shares of the main companies in Europe) with an increase of 1.39%.