INSUBCONTINENT EXCLUSIVE:
performance, easing inflation, and a surge in Carrefour Brasil shares.The index closed up 0.76% at 126,521.66 points, while the U.S
dollar fell 0.31%, ending the day at R$5.7678
Carrefour Brasil (CRFB3) led the Ibovespa gains, with shares soaring over 15% during the session.The rally followed news that its French
parent company, Carrefour S.A., proposed converting the Brazilian unit into a wholly-owned subsidiary
It also included plans to delist it from the B3 stock exchange.This development fueled investor optimism and significantly boosted the
Telecom operator TIM (TIMS3) also posted notable gains after reporting a normalized net profit of R$1.06 billion for the quarter, a 17.1%
increase compared to the same period in 2023.Analysts had anticipated a profit of R$1 billion, making the results better than expected
Among heavyweights in the index, Petrobras (PETR4; PETR3) rose in line with oil price increases, while mining giant Vale (VALE3) ended in
negative territory.Ibovespa Rises to 126,000 Points as Carrefour Soars
(Photo Internet reproduction)On the downside, Automob (AMOB3) gave up more than 3%, reversing gains from the previous session
Azul (AZUL4) also declined for a third straight day as rising oil prices heightened concerns about higher jet fuel costs for airlines.U.S
Stocks Show Mixed ResultsIn international markets, U.S
This was also influenced by renewed trade tensions under President Donald Trump.Powell stated there was no urgency to cut interest rates,
which currently stand between 4.25% and 4.50%
Meanwhile, Trump confirmed a 25% tariff on steel and aluminum imports, raising fears of a potential trade war that could impact global
interest rate policies.Major U.S
indices closed as follows: Dow Jones rose 0.28% to 44,593.65 points; S&P 500 edged up 0.03% to 6,068.50 points; Nasdaq dropped 0.36% to
