O Ibovespa opened this Tuesday’s session (19) on a high, and has maintained a positive trend throughout the session. Around noon, the index advanced 0.55%, to 127,651 points.
Despite the significant appreciation of the iron oreO Bovespa index is limited by the fall of most North American stock markets. International investors adopt a defensive stance, ahead of the monetary policy decision in the United States, scheduled for tomorrow. Today, the Japanese central bank raised interest rates for the first time in 17 years.
This Tuesday’s indicator agenda internally is weak to drive the Ibovespa, while the fourth quarter’s corporate results remain in focus. Braskem (BRKM5), Magazine Luiza (MGLU3), Stone (STOC31), Vamos (VAMO3) and Itaúsa (ITSA4) are among the companies that released their fourth quarter balance sheets.
O Petroleum has increases of around 0.60%, while the Petrobras the positive bias follows: Petrobras ON (PETR3) rises 0.30% to R$ 37.09 and Petrobras PN (PETR4) increases 0.39% to R$ 36.49. Following the ore, the OK (VALE3) is up 1.51% at R$61.80.
Braskem (BRKM5), which reported an 8% drop in its losses in the fourth quarter, leads the gains with +5.34% at R$23.07, followed by Embraer (EMBR3), +3.48% at R$ 30.64 and São Martinho (SMTO3), +3.14% at R$28.24.
On the negative side, Casas Bahia (BHIA3) leads the losses with -6.50% at R$6.91. Magazine Luiza (MGLU3), after reporting a balance sheet, comes next with -4.76% at R$2, and Hapvida (HAPV3) completes the top-3 of falls with -1.55% at R$3.80.
Market in NY
To the New York stock exchanges they operate lower this Tuesday, with investors awaiting the Fed’s monetary policy decision, scheduled for tomorrow.
Check the performance of market in NY around noon:
- Dow Jones: +0.38% to 38,937 points
- S&P500: -0.11% to 5,143 points
- Nasdaq: -0.49% at 16,024 points
Biggest highs and lows of Ibovespa
Dollar exchange rate
A dollar exchange rate today operates close to stability, at R$5.0254.
O Dolar today demonstrates volatility, amidst the cautious scenario in the international market, before interest rate decisions in Brazil and abroad.
Asian stocks close mixed after Japan raises interest rates
Asian stock markets closed without a single direction this Tuesday (19), after the Bank of Japan (BoJ) raised interest rates for the first time in 17 years, ending a long-standing negative rate policy. In Australia, the local central bank left its interest rates unchanged.
In a widely expected decision, the BoJ raised its key interest rate to a range of 0% to 0.1%, in the first increase since 2007. Later, however, BoJ President Kazuo Ueda reinforced that monetary conditions will remain accommodative .
Following the BoJ, the Japanese stock index Nikkei rose 0.66% in Tokyo, to 40,003.60 points, with gains led by shares in the real estate sector.
Elsewhere in Asia, markets were in the red. In mainland China, the Shanghai Composite fell 0.72% to 3,062.76 points, and the less comprehensive Shenzhen Composite fell 0.43% to 1,795.72 points, pressured by financial and pharmaceutical stocks. The Hang Seng fell 1.24% in Hong Kong, to 16,529.48 points, the South Korean Kospi it lost 1.10% in Seoul, to 2,656.17 points, and Taiex showed a slight loss of 0.11% in Taiwan, to 19,857.20 points.
Tomorrow (20), the Federal Reserve (Fed, the US central bank) announces a monetary policy decision, which may have compromised risk appetite in most of the Asian region. Although the expectation is that the Fed will maintain its interest rates at current levels for the fifth time in a row, investors will be attentive to signs of the future trajectory of American rates.
In Oceania, the Australian stock market had a positive performance, after the RBA – as the country’s Central Bank is known – maintained its interest rate at 4.35% and as mining company shares jumped amid rising iron ore prices. The S&P/ASX 200 advanced 0.36% in Sydney, to 7,703.20 points.
European stock markets operate cautiously ahead of the Fed
European stock markets operated weakly this Tuesday morning, with investors showing caution ahead of the Federal Reserve’s (Fed, the US central bank) interest rate decision, which will only be known tomorrow.
Check out the performance of the indexes around 8:20 am:
London (FTSE100): -0.23% at 7,704 points
Frankfurt (DAX): +0.01% to 17,940 points
Paris (CAC 40): +0.19% to 8,163 points
Madrid (Ibex 35): +0.33% to 10,632 points
Europe (Stoxx 50): +0.05% to 4,985 points
The focus of the week in Europe is the Fed’s monetary policy announcement, this Wednesday (20). The Fed is widely expected to leave its interest rates unchanged for the fifth time in a row, but investors will be paying attention to new projections for the US economy and estimates of how many times US interest rates could fall this year.
On Thursday (21), it will be the turn of the Bank of England (BoE) to review its basic interest rate, which should also remain unchanged.
Earlier, the Bank of Japan (BoJ) decided to raise interest rates for the first time in 17 years, going against the grain of other major central banks.
From today’s European agenda, the highlight is Germany’s ZEW index of economic expectations, which will be released soon.
Among individual shares, Unilever jumped 3.7% in London, after the Anglo-Dutch multinational revealed plans to spin off its ice cream operations, in a restructuring that could affect 7,500 jobs.
Last closing of Ibovespa
O Ibovespa ended yesterday’s session (18) up 0.17%, at 126,954.18 points.
