INSUBCONTINENT EXCLUSIVE:
The Ibovespa index began 2025 on a negative note, reflecting ongoing uncertainties from the previous year
This decline was influenced by low liquidity and a downturn in Wall Street, which weighed heavily on investor sentiment.On January 2, the
primary index of the Brazilian stock market closed down by 0.13%, settling at 120,125.39 points
dollar, meanwhile, ended trading at R$ 6.1625, down by 0.29%.Domestically, concerns regarding public finances and the trajectory of national
debt continued to affect investor confidence
the trading session progressed, traders assigned a 28% chance that the Central Bank would adhere to its guidance and raise interest rates by
one percentage point in its upcoming meeting.Ibovespa Opens 2025 Down Amid Ongoing Economic Uncertainties
(Photo Internet reproduction)In contrast, there was a 72% probability of a more significant increase of 1.25 percentage points
Recent sessions had seen expectations split between potential hikes of 1.25 and 1.5 percentage points, indicating a consensus that a more
substantial adjustment was likely.Key Players and Market ReactionsWithin the B3 exchange, certain stocks exhibited notable movements
Aeris (AERI3) surged over 32% amid speculation regarding the sale of its stake to Chinese firm Sinoma Blade, which is expected to provide an
update by January 4.Gol (GOLL4) also saw significant gains following an agreement concerning its debt obligations
On the positive side of the Ibovespa, CVC (CVCB3) led gains as easing interest rates provided relief.Conversely, Eneva (ENEV3) experienced
The regulations were related to capacity auctions for thermal and hydroelectric plants.Among major players, Vale (VALE3) experienced losses
due to weak iron ore prices
However, these losses were partially offset by news that the National Agency for Land Transport (ANTT) and the federal government were
establishing new terms for railway concessions.Petrobras (PETR4; PETR3) rose over 2% due to favorable oil market conditions
The increase also came from the confirmation of an agreement with Prio (PRIO3) to utilize natural gas infrastructure.In the United States,
investors reacted to economic data as they started the year
Fears of escalating trade wars due to proposed tariffs drove this.The expectation remains that interest rates in the U.S
will stay elevated for an extended period
During its last meeting, the Federal Reserve indicated only two potential rate cuts of 0.25 percentage points each throughout 2025.
