What to Expect for the Stock Exchange and the Stock Exchange in Brazil This Tuesday By Investing.com

By Anna Beatriz Bartolo

Investing.com – The market is watching the attempt to end the vote on the Precatórios General Election Commission, which is supposed to take place today 09, if there is a sufficient quorum in the House of Representatives. At 9:30 am, the futures contract was up 0.45%, while it was down 0.28%, to R$5.5550.

In the US, futures on futures contracts fell 0.08%, while futures contracts on and 100 rose 0.02% and 0.20%, respectively.

On Monday, Brazil recorded 126 new deaths from COVID-19, bringing the total number of fatal victims of the disease in the country to 609,573, the Ministry of Health reported. Brazil confirmed progress to 21,886,077.

For the first time since the start of the pandemic COVID-19, the state of São Paulo has recorded no deaths from the disease, according to data from the SP government.

In an interview with the Japanese newspaper Nikkei Asia, the director of monetary policy at the Central Bank (BC), Bruno Serra, stated that there is potential for the monetary authority to accelerate the pace of growth in the country, if necessary.

At the last meeting of the Monetary Policy Board (MPC), the group’s decision raised the rate by 1.5 percentage points, to 7.5% annually, and already indicated progress of the same magnitude for the next meeting.

According to what was published yesterday, 08, the market expects the exchange rate to end next year at 11%, while 2022 is expected to end at 4.63%, closer to the target ceiling of 5% of the position price. 3.5%.

today’s news

affiliation with PL – President Jair Bolsonaro has decided to join the Liberal Party (PL) to run for re-election in 2022. The decision is based on the promise that Bolsonaro will have more autonomy to influence party decisions.

Trade Balance – The company posted a trade deficit of $30.3 million in the first week of November. According to the Foreign Trade Secretariat (Secex) at the Ministry of Economy, the value of exports amounted to 4.227 billion dollars and imports 4.257 billion dollars.

PEC from Precatorio – The party’s leader in the House of Representatives, Wolne Kreuz (PE), said the party would ask its members to vote against the measure in the second round scheduled for Tuesday.

Energy consumption – Brazil’s electricity consumption fell 5.7% in October compared to the same period last year, amid mild temperatures in the southeast and south regions, according to preliminary data from the Chamber of Electricity Trade (CCEE).

Today’s agenda

Jair Bolsonaro – Meeting with Deputy Ricardo Barros (PP/PR), Head of Government in the Chamber; Meeting with Tourism Minister Gelson Machado Neto. Meeting with Minister of Mines and Energy Pinto Albuquerque; Meeting with Pedro Cesar Souza, Deputy Head of Legal Affairs at the General Secretariat of the Presidency of the Republic. Meeting with Ambassador Carlos Franca, Minister of Foreign Affairs.

Paulo Geddes – Meeting with the Private Secretary for Federal Revenue, Jose Tostis; Meeting with Executive Secretary Marcelo Guaránez; Lunch meeting with Roberto Campos Neto, President of the Central Bank. Meeting with the Deputy Attorney General of the National Treasury, Anna Paula Bettencourt.

Campos Neto – Meeting with Ricardo Liao, Chairman of the Council for the Supervision of Financial Activities (COAF); Participate in a dinner with parliamentarians.

Corporate News

São Martinho (SA 🙂 – The Sao Martinho Group reported net income of R$368.4 million in the second quarter of its 2021/22 crop year, which ended on September 30. The result represents an 11% increase over the same period of the 2020/21 season, with a value of R$331.9 million. The sugarcane company’s adjusted Ebitda rose 65.9% on the same comparison basis, to R$790 million.

Betz (SA 🙂 – Petz recorded R$26.6 million in the third quarter of 2021, an increase of 56.1% over the same period in 2020. Adjusted Ebitda, in turn, was R$67.156 million, an increase of 43.4%. Ebitda’s adjusted margin was 10.5%, up 0.1 percentage point from the third quarter of last year.

Banco BTG – BTG Pactual (SA 🙂 closed the third quarter of 2021 with a book value of R$1.743 billion, 3.9% higher than the previous record for the second quarter, and 74% higher than that calculated in the same period last year.

Marisa – Marisa reported net income of R$44.4 million in the third quarter of 2021, reflecting a loss of R$124.5 million for the same period last year. In 2019, before the pandemic, losses amounted to R$76 million.

Minerva (SA 🙂 – Minerva announced its participation in Carbon on Track, a program of the Institute for Forestry Management, Agriculture and Certification (Imaflora) to measure the carbon balance of farms in South America.

Etosa – Itaúsa (SA:) reported a net income of R$2.3 billion in the third quarter of this year. Recurring net income was R$2.7 billion, an increase of 35%.

directional (SA:) – Direcional Engenharia closed the third quarter of 2021 with a net income of R$47,184 million. Adjusted Ebitda totaled R$100.666 million, an increase of 36.3% on the same year-over-year basis.

Banco do Brasil (SA 🙂 – Banco do Brasil adjusted net income of R$5.14 billion in the third quarter, an increase of 47.6% compared to the same month in 2020, an increase of 48% compared to the same period last year.

Ecorodovias (SA 🙂 – NS. The consolidated number increased from 32,940 to 35,931 vehicles, according to previous data released on Monday, 8, by the agency. Taking into account only the comparative total, excluding Ecovias do Cerrado, the movement was 33,112 cars, an increase of 0.5% year-on-year.

Brazilian aluminum company (to me:)- Companhia Brasileira de reduced in the third quarter of 2021. Losses between June and September 2020 amounted to R$460 million,

Dukes (SA 🙂 – Yduqs reported net income of R$78.2 million in the third quarter of 2021, down 35.2% from the same period last year. In the revised benchmark, the index decreased by 24.9% to R$ 146.2 million. Ebitda was valued at R$361.3 million, an increase of 8.8% over the same period in 2020.

Azul (SA:) – The airline Azul stated that, in the meantime, the seat offer by the company increased by 57% in the same comparison. As a result, the occupancy rate on Azul flights in October was 82.1% last month, an increase of 2.8 percentage points over the previous year.

Porto Seguro (SA:) and Kozan (SA:) – Porto Seguro and Cosan have announced the formation of a joint venture for vehicle sharing and fleet management, with their growing commitment to urban mobility. The joint venture will have a 50% stake in each partner, with Porto Seguro participating in the business through the Carro Fácil unit, which is already in the car subscription. Cosan will invest approximately R$300 million in the partnership.