November 5, 2024

The Catholic Transcript

Complete News World

Ibovespa drops in the option expiration session in Brazil and the United States

Ibovespa drops in the option expiration session in Brazil and the United States

The Ibovespa This Friday (17), in line with the negative performance of European and US stock markets, investors are cautious about Ômicron and are still digesting central bank decisions.

The session is expected to fluctuate above average due to the expiration of stock options in Brazil and the maturity of multiple contracts in the United States.

At 11:32 a.m., Ipovespa was down 1.03% at 107,213 points. This week the index went towards a small fall, intercepting a high of two periods. The financial volume of the session is 5.2 billion rice.

Vail was the main negative contributor to the index, while the BRF was on the opposite end.

Following the decisions of some of the world’s major central banks, technology-related documents are slipping back overseas, moving from development stocks to value stocks.

In the US, major stock indices showed a consolidated decline, while in Europe the pan-European STOXX 600 index erased sharp gains on Thursday.

The market has been reacting to monetary policy decisions in different directions in recent days. The US Federal Reserve has indicated that its bond purchase will end in March, paving the way for three interest rate hikes in 2022, while the European Central Bank has pledged continued support for the economy, gradually withdrawing incentives and the central bank surprisingly raising interest rates.

Moreover, fears about the potential consequences of the new Ômicron variant are negatively affecting the market.

In Brazil, auctions of pre-salt areas this morning and an energy exchange at 3pm could move stocks of companies in these sectors.

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Highlights

– The BRF rose 5.5%, after raising 11%, to raise Rs 6.63 billion after proposing a capital increase by issuing 325 million new common shares to its shareholders. The deal is pending approval at the public shareholders’ meeting scheduled for January 17 and favorable market conditions. Bank analysts point out that BRF’s internal regulations allow a shareholder interest rate to exceed 33.3% without triggering a “poison pill”. To all stakeholders.

– MARFRIG on, in turn, rose 4.1%. The company announced an interim dividend of 830 million rupees and announced a $ 100 million repurchase of senior notes pending in 2026.

– BANCO INTER UNIT gained 7% and PN declined 6.9%. Among other negative highlights, YDUQS ON was down 5.8% and CVC BRASIL ON was down 3.9%.

– Petropras PN fell 1.4% and ON fell 1.7%, giving oil prices a downside with concerns about Ômicron. The company also participated in a surplus auction this morning in an area known as the rights transfer.

– VALE ON fell 0.6% after a new rise in iron ore prices in Asia in anticipation of a recovery in steel demand in China.

– Americans gained 3.8% after a strong rise the previous day. MAGAZINE LUIZA ON 4.8% and VIA ON 3.1% lower.

– GPA fell 3.8% and Assaí fell 1.8%. The companies said they had approved an agreement granting the rights to explore trade points between the companies to independent members of the board of directors of the two companies.