December 3, 2021

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

© Reuters.

By Anna Beatriz Bartolo

Investing.com – Today, 04, the market is waking up, echoing PEC dos Precatórios’ approval in the room and with an eye on the 5G auction. At 9:21 am, futures were down 0.52%, while they were up 0.47% at R$5.6085.

In the US, the mood prevailed after speeches signaling the beginning of a slowdown through the end of this month in the pace of bond buying. 100 futures advanced 0.39%, while futures contracts rose 0.18% and 0.04%, respectively.

On Wednesday, Brazil recorded 164 new deaths from the Covid-19 virus, bringing the total number of fatal disease victims in the country to 608,235, according to the Ministry of Health, and 14,661 new cases of the disease were also recorded. Corona VirusThe volume added that the total number of confirmed infections in the country rose to 218,35,785 cases.

The House of Representatives approved by 312 votes to 144 the basic text of the PEC dos Precatórios, which authorizes the government not to pay part of its judicial debts and which also changes the spending cap to allow for more expenditures next year, such as the payment of Brazilian aid.

Eight key points still need to be decided, but the vote is left for next Tuesday. The bill also needs to be voted on in the second round before it goes to the Senate.

The text’s rapporteur, Hugo Motta (Republicanos-PB), used a “regulatory maneuver” to present a new version of the amendments in plenary, even though the bylaws prohibit it at this voting stage. The opposition promised to challenge this fact to the Supreme Court.

The foundation will open up a space of at least R$15 billion in this year’s budget and R$83 billion in 2022. This is because the government will pay only R$44 billion in court-ordered debt and will defer another R$45 billion for the following year.

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today’s news

export from – Brazilian fresh beef exports fell to 8,218 thousand tons in October, affected by the suspension of purchases from its main importer, China, which lasted for about 60 days, according to data from the Foreign Trade Secretariat (Secex) on Wednesday. . In October last year, the country shipped 162.68,000 tons of protein abroad, according to Secex.

5G – Anatel should hold a 5G auction today, which 15 companies are interested in. 5G access must reach large urban centers by July 2022 for the technology, while other municipalities can wait up to eight years to acquire the technology.

cage 2020 – , which is 46.82% lower than the number shown previously. This drop is explained by the consolidation of information sent after the deadline by companies, says Valor Econômico.

Unemployment insurance in the United States – The total allocations last week in the United States amounted to 269 thousand benefits, compared to 283 thousand last week. Market expectations were 275,000 orders.

Today’s agenda

Jair Bolsonaro – Fifth National Epidemic Control Forum – Education after the Pandemic: Challenges and Opportunities; 5G Auction Meeting with Environment Minister Joaquim Leite. Meeting with Marcos Pontes, Minister of Science, Technology and Innovation.

Paulo Geddes – speaker at the GRI club meeting; 5G auction meeting of Federal Representative Joaquim Passarinho (PSD-PA); Meeting with the Special Secretary for Foreign Trade and International Affairs, Roberto Wendt; Meeting of the President of the Latin American Development Bank (CAF), Sergio Diaz Granados.

Campos Neto – Inland Missions in Basel, Switzerland.

Corporate News

Petrorio (SA 🙂 – PetroRio achieved R$ 125.16 million in the third quarter, compared to a loss of R$ 117.7 million in the previous year, driven by non-cash impacts and price hikes. , compared to 203.72 million Brazilian reals a year ago, amid strong operating results.

itash – Itaú Unibanco (SA 🙂 increased 34.8% in the third quarter over the prior year, driven by loans to individuals and lower provisions. Recurring net income, excluding extraordinary items, was R$6.779 billion. compared to 15.7% at the same point in 2020.

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JBS (SA 🙂 – A, the food company’s controllers, will sue the company.

Unidas (SA 🙂 – Unidas had R$267.3 million in the third quarter, more than double what it had a year earlier.

Ultrapar (SA 🙂 – Ultrapar lowered its operating results forecast for 2021, citing further pressure in its network of Ipiranga gas stations. Ebitda’s forecast in 2021 increased from R$3.8 billion to R$4.65 billion to R$3.75 billion to R$4.13 billion.

Sky (SA 🙂 – Cielo was R$211.9 million from July to September, an increase of 111.1% over the previous year.

The company also informed that the sale of its wholly owned subsidiary Multidisplay Comércio e Serviços Tecnológicos (M4U) to Bimobi Mobile Tech SA (SA 🙂

GPA (SA:) – The cumulative average was R$88 million in the third quarter, which is worse than the negative result of R$63 million recorded in the previous year. Adjusted Ebitda was R$794 million, down 15.9% year over year.

CCR (SA 🙂 – Infrastructure concession operator CCR said Wednesday that its RodoNorte subsidiary received a R$75.58 million fine from Paraná’s Comptroller General, which also barred the company from participating in public tenders in the state for two years.

Xp (NASDAQ 🙂 – XP Financial Group delivered a revised R$1 billion in the third quarter, 82% growth over the prior year performance, with revenue and margin expansion. The company saw assets under custody increase by 40% during this period, reaching R$789 billion, and net financing of R$219 billion.

Arezzo (SA:) and Grupo Soma (SA 🙂 – Arezzo said on Wednesday it had held discussions with “several potential partners” but had not signed any documents related to Grupo Soma. Valor Econômico has reported that Arezzo has approached the group for an acquisition.

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Aretsu Arezzo recorded R$77.5 million in the third quarter of 2021. In the revised benchmark, the profit was R$82 million, an increase of 193% compared to the same period in 2020. EBITDA, in turn, amounted to R$118.6 million.

Vale (SA 🙂 – Vale has finalized an expected R$4.4 billion deposit in court for its Income Transfer Program for those affected by the collapse of the Brumadinho Dam (MG).

Romo (SA 🙂 – The Administrative Council for Economic Defense (KED) announced on Wednesday that it has imposed a fine of R$247.1 million on Romo for exploiting its dominant position and creating difficulties for its export rail competitor.

CSN (SA 🙂 – CSN’s adjusted net debt in September of this year ended at R$14.775 billion, an increase of 123% compared to R$13.228 billion recorded at the end of June. CSN says that despite the increase, consolidated net debt remains below the year-end forecast.

CSN Mineração (SA 🙂 – CSN Mineração in the third quarter of 2021 decreased 45% compared to the same period last year, to R$804 million. The adjusted Ebitda was R$911 million between July and September of this year, down 66% from the same period last year.

AES Brazil (SA 🙂 – Aes Brasil reported R$430.8 million in the third quarter, an increase of 743% year-over-year, resulting in a net profit margin of 65.1%, which is an increase of 55.1 dpi on the same comparison basis.

BV – BV ended the third quarter with a recurring net income of R$403 million. The result, a historic quarterly record for the organization, is 46.7% higher than that obtained in the same period last year, and is also 3.8% higher in the second quarter of this year.