Stock market fluctuates after interest rate decisions; PETR4, ARZZ3 and SOMA3 rise

Stock market fluctuates after interest rate decisions; PETR4, ARZZ3 and SOMA3 rise
Stock market fluctuates after interest rate decisions; PETR4, ARZZ3 and SOMA3 rise
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Petrobras shares (PETR4) are the major bullish vector on the Brazilian stock market today, which spent the whole morning with gains, but in the early afternoon it turned to fall and began to oscillate. Now, it advances 0.27%, to 128,101.66 points. Consistently, only Petrobras shares have strong gains, with 3%, in the face of news of a reduction in the price of aviation kerosene and the sale of natural gas. Shares of Soma (SOMA3) and Arezzo (ARZZ3) also record gains, now limited to 1%, given the possibility of the companies merging. On the contrary, retailers such as MGLU3 (-3.68%) and BHIA3 (-3.30%) are among the biggest Ibov losses today, while large banks record losses under pressure from abroad, with the exception of BB (BBAS3 ), which rises 1.61%. The commercial dollar, which appreciated during the morning, now consolidates its fall in the afternoon, with -0.37%, at R$4.919, digesting the impacts of interest rate decisions in Brazil and the USA, and after Jerome Powell’s speeches, which did not indicate the start of the interest rate cut in March. Outside, Wall Setreet records gains, one day after a very negative post-Powell sell-off session. Today, when the market closes, investors will be paying attention to the results of three of the largest companies in the world: Amazon, Meta and Apple. (Felipe Alves)

The article is in Portuguese

Tags: Stock market fluctuates interest rate decisions PETR4 ARZZ3 SOMA3 rise

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