Ibovespa falls with NY negative and Casas Bahia (BHIA3) down

O Ibovespa opened this Tuesday’s session (30) with a fall, and at around 11:45 am, the index fell 0.82%, to 126,308 points.

Risk aversion predominates in Ibovespa today, especially given the fact that tomorrow, a public holiday in Brazil, is monetary policy decision day in the United States. The Fomc should not cut interest rates there, but the statement should make a price on the stock exchanges, and with the Brazilian market closed, the consequences should occur on Thursday (02).

O Ibov today It also has repercussions on the employment data released this morning in Brazil. According to Pnad Contínua, the unemployment rate in the country was 7.9% in March, compared to a previous figure of 7.8%. Caged registered the opening of 244,315 net jobs last month, well above the consensus of 182.9 thousand.

Furthermore, investors pay close attention to balance sheets. This morning, Santander (SANB11) presented its 1Q24 numbers, recording a 41% increase in profit compared to the same period of the previous year.

O Petroleum falls by around 1.50%, and the Petrobras operates online: Petrobras ON (PETR3), -1.41% at R$43.91 and Petrobras PN (PETR4), -0.95% at R$41.76. Already the OK (VALE3) falls 1.08% to R$63.21, after the iron ore closed practically stable this morning in Dalian, China, with a drop of 0.06%.

The biggest increase in Ibov is from Santander (SANB11), +2.88% to R$28.94, after the release of the balance sheet. Cemig (CMIG4), +1.04% at R$9.66 and Bradesco (BBDC4), +0.92% at R$14.19, complete the top-3.

At the negative end of the Bovespa indexCasas Bahia (BHIA3) leads the losses with -5.89% at R$6.87, followed by Braskem (BRKM5), -5.41% at R$21.17 and Multiplan (MULT3), -4.86 % at R$ 22.73.

Market in NY

To the New York stock exchanges operate in decline this Tuesday, with investors awaiting the monetary policy decision scheduled for tomorrow (01).

Check the performance of market in NY around 11:45 am:

• Dow Jones: -0.35% at 38,250 points
• S&P500: -0.28% at 5,101 points
• Nasdaq: -0.37% at 15,924 points

Biggest highs and lows of Ibovespa

Dollar exchange rate

A dollar exchange rate today advances 1.22% to R$5.1815.

O Dolar today follows the climate of caution and risk aversion before the monetary policy decision in the United States.

Asian stocks close mixed with Chinese PMIs

Asian stock markets closed without a single direction this Tuesday (30), while investors digested conflicting Chinese manufacturing figures.

Today, in mainland China, it was a day of losses: the Hang Seng index fell 0.26%, to 3,104.82 points, and the less comprehensive Shenzhen Composite index fell 0.70%, to 1,756.08 points.

Official research showed that the Chinese industrial PMI lost steam as it fell to 50.4 in April, compared to 50.8 in March, still suggesting growth, but approaching the 50 mark that indicates stagnation. On the other hand, a survey by S&P Global/Caixin Media estimated that China’s industrial PMI increased from 51.1 to 51.4 in the same period, reaching the highest level since February 2023. The official and S&P Global surveys use samples many different.

Taiex was also in the red in Taiwan today, down 0.48%, at 20,396.60 points.

In other parts of Asia, markets performed positively, following Wall Street, which yesterday accumulated gains for the second consecutive session. Returning from a holiday, the Nikkei rose 1.24% in Tokyo, to 38,405.66 points, one day after alleged intervention by the Japanese government in favor of the yen in the foreign exchange market, while the South Korean Kospi advanced 0.17% in Seoul, at 2,692.05 points, and the Hang Seng had a marginal increase of 0.09% in Hong Kong, at 17,763.03 points.

Due to public holidays, Chinese markets will not operate between Wednesday and Friday. Also due to public holidays, the Hong Kong and Taiwan stock exchanges will remain closed tomorrow.

In Oceania, the Australian stock exchange ended today’s business in the black, supported by financial and mining shares. The S&P/ASX 200 advanced 0.35% in Sydney, to 7,664.10 points.

*With information from Dow Jones Newswires and Estadão Conteúdo

Last closing of Ibovespa

O Ibovespa ended yesterday’s session (29) up 0.65%, at 127,351.79 points.