Ibovespa rises less intensely than outside and closes 0.46%

After starting the week that experienced a fall of more than 2%, the Ibovespa It managed to make up part of the losses, although it rose at a lower pace than the markets abroad. New York stock exchanges gained momentum during President Joe Biden’s speech on the state of Covid-19 in the United States, with the omicron variable advancing.

Biden said his country was ready to conduct a large-scale hospital operation, and said the government would expand testing and distribution of vaccines, but did not announce restrictive measures. On the contrary, the President indicated that he is considering lifting the travel ban and indicated incentives for the lower classes.

Here in Brazil, the main event was in the afternoon The Joint Committee of Congress approves the 2022 budget. Voting on the piece did not begin until the plenary session at the end of the afternoon. “Ibovespa spent the entire day on standby, with lower upfront compared to its international peers due to waiting for the budget vote,” said Alexsandro Nishimura, Economist and Partner at BRA.

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Heavyweight Ibovespa stocks, such as Vale (VALE3) and Petrobras (PETR3; PETR4) also advanced today, with iron ore and oil rising in the international market. But most importantly, Embraer’s actions (EMBR3) which advanced by about 16%. The company signed an agreement for its subsidiary “Eve” company of “flying cars”, Combine business with Zanite, listed in New York in 2022.

“the Stock selection It has made a huge difference in business today, as investors are paying attention to the fundamentals of companies in a highly volatile market,” said Danny Schweizer, head Variable Income for Ébano Investimentos.

The Ibovespa index closed up 0.46% to 105499 points. The trading volume in the session was 20.295 billion Brazilian riyals, below the average, in a week of low liquidity. Ibovespa’s February 2022 futures rose 0.2% to 106,810 points in late trading today.

The trade dollar closed slightly down 0.07%, to R$ 5.738 in purchases and R$ 5.739 in sales. And the dollar futures contract, in the contract due in January, decreased by 0.02%, to 5.753 Brazilian reals near the end of the session.

In the extended session of the futures market, the DI index for January 2023 fell by 14 basis points to 11.40%; DI for January 2025 was running at a decrease of 12 basis points, at 10.42%; The DI for January 2027 was down 13 basis points at 10.35%.

New York stock exchanges finally broke a three-day falling streak. Although the omicron variable is an element of risk and high volatility of the markets, today investors took the opportunity to go shopping and the stocks of companies associated with the reopening of the economy were highlighted.

The Dow Jones index closed up 1.61% to 35,493 points. The S&P 500 advanced 1.78% to 4,649 points. The Nasdaq index closed up 2.4% at 15,341 points

It was also a positive session for European stock exchanges, as the new strain of coronavirus prompted countries to take restrictive measures in the middle of Christmas week. Investors clung to new evidence that Omicron could be countered with current vaccines, after Moderna announced that its booster dose had proven effective against the alternative in lab tests.

The Pan-European Stoxx 600 Index, which includes companies from 17 countries across the continent, closed 1.42% higher.

Today was also one of the recovery days for oil prices, which also saw a drop in the previous session. A barrel of Brent crude for February rose 3.44% to $73.98. West Texas Intermediate crude for February rose 3.66% to $71.12. Prices continued to rise in the extended trading session.

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