INSUBCONTINENT EXCLUSIVE:
The Ibovespa index regained its footing above 122,000 points, buoyed by rising metal commodities and positive sentiment from Wall Street
This week, the index recorded a nearly 3% increase.This reflects a robust market response to favorable economic indicators
On Friday, the Ibovespa closed at 122,350.38 points, marking a 0.92% rise for the day and a total increase of 2.94% for the week.Investors
reacted positively to the anticipated economic growth in China and the upcoming inauguration of Donald Trump as President of the United
dollar, it ended trading at R$ 6.0656, reflecting a slight increase of 0.20%.Over the last five trading sessions, the dollar experienced a
decrease of 0.60% against the Brazilian real
Domestically, investors responded to comments from Finance Minister Fernando Haddad.In an interview with CNN Brasil, he emphasized the need
to create conditions that prevent prolonged high-interest rates in Brazil
Index Gains Nearly 3% This Week, Driven by Metal Commodities
(Photo Internet reproduction)Ibovespa and Global Market ReactionsAmong the stocks traded on the Ibovespa, mining companies led the gains due
and Vale (VALE3) stood out in this sector
iron ore prices reached their highest level in over a month
The most traded contract for iron ore, expiring in May, rose by 1.71%, closing at 803.5 yuan (approximately $109.65) per ton on the Dalian
Commodity Exchange.Petrobras (PETR4; PETR3) diverged from negative oil trends, ending slightly higher despite broader market pressures
Conversely, Yduqs (YDUQ3) faced downward pressure after JP Morgan downgraded its recommendation to neutral and SPX reduced its stake in the
Such policies may strengthen the dollar globally.Additionally, investors reacted to the U.S
This news caused shares of Meta (owner of Facebook and Instagram) and Alphabet (owner of Google) to surge over 4% during trading.
