INSUBCONTINENT EXCLUSIVE:
On Thursday, the Ibovespa index operated within a narrow range, reflecting low market liquidity as Wall Street remained closed
The dollar fell by over 1%, closing at R$ 6.05.The Ibovespa finished the day up 0.12%, reaching 119,770.97 points
The American stock market paused operations to honor former President Jimmy Carter, who passed away on December 29 and was laid to rest
today.This closure contributed to the already low liquidity typical at the start of the year
Despite initial influences from rising U.S
Among notable movements, Azul (AZUL4) shares rose by 2.38%
Reports indicated that Azul and Abra, the holding company for Gol (GOLL4), plan to sign a Memorandum of Understanding (MoU).This agreement
will allow them to explore potential business combinations in the coming weeks
However, both companies have not yet confirmed these details
Conversely, Gerdau (GGBR3) shares fell by 1.68%.Ibovespa Closes Slightly Higher Amid Low Liquidity; Dollar Drops to R$ 6.05
for Economic Defense (Cade) to resolve legal actions concerning alleged violations of economic order in the rebar steel production
market.Gerdau committed to a payment of R$ 256 million to the Fund for the Defense of Diffuse Rights, fulfilling this obligation with its
own resources.This situation illustrates how external events and corporate decisions directly impact market dynamics, emphasizing the
importance of self-responsibility in navigating financial landscapes.
