Ibovespa advances after BC indicates new cuts of 0.5 points ahead;…

Ibovespa advances after BC indicates new cuts of 0.5 points ahead;…
Ibovespa advances after BC indicates new cuts of 0.5 points ahead;…
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Bloomberg Línea — O Ibovespa (IBOV) operated at a high in morning trading this Thursday (1st), after the Copom’s decision to reduce the Selic by 0.50 percentage points, taking the basic interest rate to 11.25%. The main index of the Brazilian stock exchange rose 0.26% to 128,079 points, at around 10:44 am (Brasília time).

O dollarin turn, was traded at R$4.93, down 0.37% at the same time.

The month of February begins with investors reacting to decisions by the Federal Reserve (Fed) and the Monetary Policy Committee (Copom) in relation to interest rates in the United States and Brazil, respectively.

Yesterday, the Fed kept rates unchanged for the fourth consecutive meeting and signaled openness to reducing them, but stressed that it was still too early to make cuts.

In the euro zone, inflation declined less than expected at the start of the year, testing investors’ expectations that the European Central Bank (ECB) will begin cutting interest rates as early as spring.

The balance sheets of large US companies are back in focus, with Apple (AAPL), Amazon (AMZN) and Meta (META).

The highest-valued stocks were:

  • GRUPO DE MODA SOMA SA (SOMA3), with 5.56%
  • Arezzo Industria e Comercio SA (ARZZ3), with 5.03%
  • Ez Tec Empreendimentos e Participacoes S/A (EZTC3), with 2.40%

The worst performers were:

  • CTEEP-Paulista Electric Energy Transmission Company (TRPL4), with -0.74%
  • Rede D’Or Sao Luiz SA (RDOR3), with -0.88%
  • Ambev SA (ABEV3), with -0.92%

The most traded shares this morning were:

  • Magazine Luiza SA (MGLU3)
  • SOMA SA FASHION GROUP (SOMA3)
  • Cielo SA (CIEL3)
  • Petroleo Brasileiro SA (PETR4)
  • Vale SA (VALE3)

In trading yesterday, January 31st, the Ibovespa closed in the black, up 0.28%, at 127,752 points. The trading volume was R$1,249,547,700.

The shares with the biggest increases were: GRUPO DE MODA SOMA SA (SOMA3), with +16.81%; Arezzo Industria e Comercio SA (ARZZ3), with +12.09%; Magazine Luiza SA (MGLU3), with +5.40%.

The biggest decliners were: WEG SA (WEGE3), with -1.97%; Atacadao SA (CRFB3), with -2.07%; Sendas Distribuidora S/A (ASAI3), with -2.78%.

During the year, the Ibovespa accumulated a drop of 4.79% until the previous trading session.

The markets this morning (10:40 am Brasília time):

  • Ibovespa 0.26%
  • Dollar -0.40%
  • Euro -0.24%
  • Bitcoin -0.67%

– Content prepared with the help of automated data from Bloomberg.

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The article is in Portuguese

Tags: Ibovespa advances cuts points ahead ..

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