O Ibovespa opened this Monday’s session (01) on a high, but turned negative during the first deals of the morning. Around noon, the index fell 0.49%, to 127,476 points.
The market reflects the inflation data released in the United States during last Friday’s holiday. The PCE price index rose 0.30% in February, below the consensus of 0.40%. Core PCE also rose 0.30%, in line with market projections.
The payroll employment report, another important piece of data to guide United States monetary policy, will be released this Friday (05).
Investors are also keeping an eye on China. There, the industrial PMI, released by Caixin, had a reading of 51.1 in March, compared to 50.9 in February. The official industrial PMI, released by the country’s statistics office, rose from 49.1 in February to 50.8 in March.
O Petroleum has rises above 0.50%, while the Petrobras mixed operation: Petrobras ON (PETR3), -0.24% at R$38.19 and Petrobras PN (PETR4), +0.05% at R$37.38.
Already the iron ore there was a strong advance this morning in Dalian, China, reflecting the data from the Chinese PMI. With this, the OK (VALE3) operates up 0.89% at R$61.37.
The biggest increase in Ibovespa is IRB (IRBR3), +4.47% to R$39.02, after reporting the balance sheet. Cogna (COGN3), +2.54% at R$2.42 and Casas Bahia (BHIA3), +2.21% at R$6.93, complete the top-3.
On the negative side, Raízen (RAIZ4) has the biggest drop, with -4.24% to R$3.39. Locaweb (LWSA3), -4.11% at R$5.58 and Pão de Açúcar (PCAR3), -3.38% at R$2.86, appear next.
Market in NY
To the New York stock exchanges they operate mostly in decline, with investors digesting inflation data and waiting for this week’s employment data.
Check the performance of market in NY around noon:
- Dow Jones: -0.55% to 39,588 points
- S&P500: -0.23% to 5,242 points
- Nasdaq: +0.01% to 16,381 points
Biggest highs and lows of Ibovespa
Dollar exchange rate
A dollar exchange rate today advances 0.79% to R$5.0550.
O Dolar today it started to rise in the morning, after opening lower, responding to a slight profit taking following a gain of 0.86% in March and 3.34% in the first quarter of the year.
O dollar adjusts to the strengthening of the dollar and intermediate and long Treasury yields following the release of US PCE inflation in February and the speech by Federal Reserve Chairman Jerome Powell on Friday. holiday fair in the United States and Brazil.
Asian stock markets: China closes higher, driven by PMIs
Asian stocks closed with no direction on Monday (01), as encouraging manufacturing data boosted Chinese shares and an unfavorable business confidence survey weighed on business in Tokyo.
In mainland China, the Shanghai Composite index rose 1.19% to 3,077.38 points, ensuring the best daily performance since February 29, while the less comprehensive Shenzhen Composite advanced 2.38% to 1,789.25 points.
The latest Chinese industrial PMIs came in above expectations. The official rose to 50.8 in March, pointing to the first expansion in manufacturing after five months of contraction, while the S&P Global/Caixin reading rose to 51.1 last month, reaching the highest level since February 2023.
On the other hand, the Nikkei fell 1.40% in Tokyo today, to 39,803.09 points, after the Bank of Japan’s (BoJ) Tankan survey showed that sentiment among the country’s large manufacturers deteriorated for the first time in four quarters.
Elsewhere in Asia, the South Korean Kospi was close to stability in Seoul, with a slight increase of 0.04%, at 2,747.86 points, and the Taiex fell 0.36% in Taiwan, at 20,222.33 points.
The Hong Kong and Australian markets, the main ones in Oceania, did not operate today due to the Easter holiday.
Last closing of Ibovespa
O Ibovespa ended last Thursday’s session (28) up 0.33%, at 128,106.10 points.
