Stock market rises 1.69% and dollar advances 1.35% on All Souls Eve

Ibovespa, the main index of B3 (São Paulo Stock Exchange), rose 1.69% this Wednesday (Nov 1, 2023), to 115,052.96 points. It is the 2nd trading session continuing on the rise. In the partial week, it advanced 1.55%. On Thursday (Nov 2), there will be no trading on the Stock Exchange due to All Souls’ Day.

The main world stock exchanges also registered an increase. In the United States, the Dow Jones index rose 0.67% and the S&P500 registered an increase of 1.05%.

The biggest gains were from Nasdaq: 1.64% on the day and 3.31% for the week.

Here are the indices of the main stock exchanges:

Dollar

The commercial dollar closed the day at R$4.97, which represents a drop of 1.35%. During the week, the US currency fell 0.80%.

Brazil Risk

Used to measure confidence in the economy, country risk –or CDS (Credit Default Swap) 5 years –it was 183 points this Wednesday (1st.nov). 1 year ago (1st.Nov.2022), it registered 273. The lower the index, the better the outlook for confidence in the Brazilian economy.

Foreign capital

Foreign investors withdrew R$2.9 billion from the Stock Exchange this month until Monday (Oct 30), the latest data available. For the year, the balance is positive at R$6.4 billion.

When considering initial offerings (IPOs) and secondary offerings (follow-ons), the result for the year is positive at R$17.2 billion.