The stock exchange fell today, after Vale (VALE3) announced results below market expectations for the first quarter of 2024. The mining company’s action shared the attention of investors on the day with Petrobras (PETR3;PETR4), whose council approved the distribution of R$36 billion in dividends. Thus, Ibovespa reduced losses throughout the day, but closed down 0.08% at 124,645.54 points.
On the other hand, the dollar appreciated against the real this Thursday, with bad data from abroad weighing in favor of the currency. The North American currency ended the day at R$5.16.
Ibovespa today
Ibovespa today was guided by Vale’s quarterly results and the distribution of dividends by Petrobras (PETR3;PETR4). But the main Brazilian index also followed the “bad mood” of international markets, according to analysts.
The distribution of Petrobras “softened” the fall in the stock market today, points out Alexsandro Nishimura, economist at Nomos.
“Greater risk aversion abroad was driven by US economic data, which presented an unexpected combination: weak GDP and high inflation,” says Nishimura.
The market saw the glass as half empty, considering that the US central bank, the Fed, could take even longer to lower interest rates. “Since the PCE showed a new acceleration in prices”, says the economist.
Here, the market flow was considered “weak” by analysts. Vitor Mafra, manager at Doxos Capital, points out that the average trading volume reached R$17 billion. “The stock exchange standard is R$20 billion,” he says.
The main faller of the day was Hypera (HYPE3), whose share fell 5.66%. Vale’s share (VALE3), reflecting the performance assessed as negative in the first quarter of 2024, fell 2.11% on the Ibovespa.
On the positive side, Petrobras’ preferred share (PETR4) rose 2.40% in the index. This Thursday, the company’s shareholders, including the Union, approved the payment of R$36.1 billion in additional dividends. The amount will be distributed in two installments: one in May and the other in June.
Thus, Petrobras’ ON share also rose 2.26% on the Ibovespa.
Dolar today
On the other hand, the dollar advanced 0.28% against the real, after a weakened start to the day. At closing, the North American currency reached R$5.1620
Pessimism about the American economy has increased risk aversion among investors around the world. American stock markets also closed lower (read below).
On the global stage, however, the dollar lost strength against international pairs, such as the yen and the euro. The DXY index, which compares the American currency with those of developed economies, closed down 0.27%, at 105.58 points.
Best stocks on the stock market today
Considering all the shares present on B3, the best performance on the stock exchange today was the share of ClearSale (CSLA3). The asset took off almost 13%, after a 16% drop on Wednesday.
Check out the five main rises in the stock market today below. The list follows the criterion of listing only shares with a thousand or more operations carried out during the trading session.
- ClearSale ON (CSLA3): +12.91%
- Sequoia ON (SEQL3): +7.69%
- Qualicorp ON (QUAL3): +7.59%
- Cogna ON (COGN3): +7.50%
- Ser Educacional ON (SEER3): +6.12%
Worst stocks on the stock market today
On the other hand, the stock market’s lantern was led by Viveo (VVEO3). The company’s shares fell 6.69% during this Thursday’s trading session.
See below the five main falls on the stock market today. The ranking follows the same criteria as the list of best assets.
- Viveo ON (VVEO3): -6.69%
- Hypera ON (HYPE3): -5.66%
- Goal PN (GOLL4): -5.60%
- Randon Participações PN (RAPT4): -5.17%
- Profarma ON (PFRM3): -5.10%
New York Stock Exchanges
New York stock exchanges closed lower today, as data from the first quarter of the American economy raised a warning for a slowdown in economic growth while PCE inflation accelerated in the country, and also in the midst of the corporate earnings season.
The Dow Jones index fell 0.98%, to 38,085.66 points. The S&P 500 fell 0.46%, to 5,048.43 points. The Nasdaq lost 0.64%, at 15,611.76 points.
European Stock Exchanges
European stock exchanges closed without a single signal, in a scenario in which the monetary policy of the United States and central banks in Europe led to caution among operators in the region. Meanwhile, in London, the highlight was the unsolicited acquisition proposal that Anglo American received from BHP, which led to the former’s shares rising sharply. The earnings season also continued to be observed.
In Lisbon, the PSI also rose, with an increase of 0.19%, to 6,542.23 points. The FTSE 100 rose 0.48% to 8,078.86 points.
In London, Anglo American advanced 16.10%, while BHP fell 2.24%. The FTSE 100 rose 0.48% to 8,078.86 points. In Lisbon, the PSI also rose, with an increase of 0.19%, to 6,542.23 points.
Deutsche Bank’s results did not lead the German banking giant to rise 8.18% in Frankfurt, where the DAX fell 0.91%, to 17,923.79 points.
Finally, the Paris index, CAC 40, fell 0.93% in Paris, to 8,016.65 points. The FTSE MIB fell 0.93% in Milan, to 33,939.75 points, while the Ibex35 fell 0.40%, to 10,983.70 points.
Tags: Ibovespa slight drop maintains thousand points dollar rises
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