Tensions in the international market did not prevent the stock market from breaking records. The Ibovespa index had its tenth consecutive increase and remained above 150 thousand points. On the other hand, the dollar rose sharply and reached R$5.40, with fears of a fall in the shares of American companies.
The Ibovespa index, from B3, closed this Tuesday (4) at 150,704 points, an increase of 0.17%. The indicator alternated highs and lows throughout the session, but rose in the final minutes of trading.
This was the seventh consecutive session in which the Brazilian stock market broke a record and the biggest sequence of daily increases since June 2024. Throughout the day, shares of mining companies and aviation companies pressured the Ibovespa downwards, but shares of banks and oil companies rose, guaranteeing the index’s rise.
The foreign exchange market had a more unstable day. The commercial dollar closed Tuesday at R$5.399, up R$0.041 (+0.77%). The price slowed down to R$5.38 around 12:50 pm, but reached R$5.40 in the final hours of trading.
The nervousness in the American market brought global tensions. The S&P 500 index (of the 500 largest companies in the United States) fell 1.17% this Tuesday, amid warnings from American banks that the price of shares in the largest economy on the planet is heading for a negative correction.
In Brazil, the financial market awaits the result of the meeting of the Monetary Policy Committee (Copom), of the Central Bank (BC), which began this Tuesday and ends this Wednesday (5). According to the Focus bulletin, a weekly survey by the BC with financial institutions, market analysts are betting on maintaining the Selic Rate (basic interest rates for the economy) at 15% per yearwhich gives the real breath to withstand external pressures.
* with information from Reuters
