A stock exchange closed up 0.45%, at 127,528.85 points, this Tuesday (19/03). The rise was caused by the momentum in Vale (VALE3) and Embraer (EMBR3) shares. Export companies gained momentum in the stock exchange’s main index, following the rise in commodities abroad.
Already oddollar remained above R$5 for the second consecutive session, and closed with a slight gain over the Brazilian real. The North American currency is currently quoted at R$5.0297.
Ibovespa
The day was marked, for example, by the publication of the Focus Bulletin. The document indicated, for the fifth consecutive week, an improvement in Brazilian GDP estimates.
For analysts, the Ibovespa reacted with gains after approaching the support of 125 thousand points. But, as Nova Futura analyst Gustavo Bezerra highlights, “the most relevant movement” of the Brazilian stock exchange will be tomorrow, Super Wednesday.
This Wednesday (20), both the Central Bank and the Federal Reserve (Fed, namesake of the United States) decide on Brazilian and American interest rates, respectively.
“As long as the Ibovespa does not break 128,500 points, where the 20-period moving average is, it is better to be cautious”, highlights Bezerra.
To the Vale shares (VALE3) were a positive highlight and helped Ibovespa to recover. During the month, the index recorded a drop of 1.10%. The mining company’s shares rose 0.97%.
Embraer (EMBR3) advanced 6.21% on the Ibovespa, among the main increases. In addition, Petz rose 5.24%, boosted by the rumored merger with pet insurance company, Petlove. “The merger would create the largest company in the sector”, highlights Marcelo Boragini, variable income specialist at Davos Investimentos.
The negative highlight was the shares of Magazine Luiza (MGLU3), which suffered a negative impact from the fourth quarter’s financial result.
Magazine Luiza (MGLU3) shares fell 6.19% on the Ibovespa today. Ativa Investimentos highlighted that the financial result was “mixed”, because while on the one hand the marketplace continues to perform well in terms of sales, Difal “continues to increase its weight in the gross revenue” of Magalu.
Dollar
The dollar registered a slight advance of 0.08% against the real. Thus, the North American currency closed the session at R$5.0297.
“The dollar behaves ‘sideways’ today, without many movements. The market is working with great expectations about Super Quarta”, says Bogini.
Just like in Brazil, the dollar gained strength abroad. The DXY index, which measures the strength of the US currency against important peers in the global economy, advanced 0.38%, to 103.83 points.
Biggest shares
The biggest share, considering all the assets on the Bovespa indices, was the high-end construction company Helbor (HBRE3). The stock rose more than 12%, with a volume movement of R$6.3 million during the session.
Check out the five biggest shares on the stock market below. The list follows the criterion of listing only securities whose total volume traded exceeded R$1 million.
- Helbor ON (HBRE3): +11.70%
- Embraer ON (EMBR3): +6.65%
- Guararapes ON (GUAR3): +6.13%
- Braskem ON (BRKM3): +6.03%
- Braskem PNA (BRKM5): +5.39%
Stocks down
On the other hand, the falling stock on the stock exchange, again, was Gafisa (GFSA3). Yesterday, the company already suffered a fall on the Bovespa because manager Esh’s request to call an ordinary general meeting in April was declared illegal by the CVM. Gafisa’s shares (GFSA3) fell 17.91%.
See below the five stocks that are falling on the Ibovespa. The ranking follows the same criteria as the list of best stocks.
- Gafisa ON (GFSA3): -17.91%
- Sequoia (SEQL3): -10.87%
- Magazine Luiza ON (MGLU3): -6.19%
- Terra Santa ON (LAND3): -6.06%
- Laser Space ON (ESPA3): -4.67%
New York Stock Exchanges
To the New York stock exchanges closed higher, with the S&P 500 at an all-time high, on the eve of a monetary decision by the Federal Reserve (Fed, the North American central bank). The indices reversed the weakness observed in the first part of the trading session, amid the recovery in the financial and technology sectors.
On Wall Street, the S&P 500 closed up 0.56%, at 5,178.51 points, renewing its historical closing record, in the wake of the recovery in the technology (+0.64%) and financial (+0.48%) sectors. %). In the sector division of the index, energy (+1.08%) led the gains, following the rise of oil among commodities. The Dow Jones rose 0.83%, to 39,110.76 points, and the Nasdaq advanced 0.39%, to 16,166.79 points.
European Stock Exchanges
To the European scholarships closed higher. The positive mood pushed the benchmark Frankfurt market index to a new all-time closing high. Paris also renewed its record. A vector to reinvigorate buyer sentiment came from Germany’s economic expectations index, which rose much higher than expected in March. The momentum defied the usual caution that limits investor movement ahead of the Federal Reserve (Fed, the US central bank) meeting, which ends tomorrow.
The DAX, in Frankfurt, had a positive change of 0.31%, closing at 17,988.13 points, a new unprecedented closing mark. As in Frankfurt, the Paris reference index, the CAC 40, closed up 0.65%, at 8,201.05 points, renewing the historical closing record. In London, the FTSE 100 index closed with a gain of 0.20%, at 7,738.30 points.
In Madrid, the Ibex 35 advanced 1.07%, to 10,710.00 points, while the FTSE Mib, in Milan, gained 0.95%, to 34,262.36 points. Finally, the Lisbon market went against the grain and the PSI 20 dropped 0.78%, to 6,122.82 points.
*With information from Estadão Conteúdo and Dow Jones Newswires
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