FOREX TradingCharts.com

Financial News: BRAZIL: Ibovespa Rises Boosted By Good Performance From

BRAZIL: Ibovespa Rises Boosted By Good Performance From Petrobras

06/25/2018 - 19:23:00 (RTTNews)

(RTTNews) - The Ibovespa took off from foreign markets to rise 0.44% at 70,952.97 points Monday, boosted by the shares Petrobras (PETR3 +2.19% PETR4 +4.03%) and B3 (+4.70%) and for the filing of the appeal of the trial of Luiz Inacio Lula da Silva in Brazil's Supreme Court (STF).

"There was a day of greater volatility here. Petrobras is pulling the Ibovespa amid the expectation on the transfer of rights and that oil prices should remain higher after the meeting of the Organization of Petroleum Exporting Countries (OPEC). The Ibovespa was also influenced by the decision of the Supreme Court, which reduced Lula's risk in the elections," said Rafael Passos, an analyst at Guide Investimentos.

Regis Chinchila, an analyst at Terra Investimentos, recalled that Petrobras has entered into an agreement in the United States to terminate a class against the company in the country. In the case of B3, the stock again attracted investors after having touched the lowest price in almost a year last week.

Abroad, the possible U.S. barrier to Chinese investments in U.S.-based tech companies has raised investor concerns about the trade war and has impacted commodities overall.

Among the biggest falls of the day are Gol (-4.32%), Sanepar (-3,69%) and BRF (-3,44%).

Meanwhile, the locally traded U.S. dollar closed down (-0.07%), quoted at R$ 3.781, after having spent most of the session trading lower, with investors waiting for the Central Bank line auction in which a US$ 500 million proposal was accepted. The move was taken off the external scene, where the greenback rose at a global level.

For Tuesday, the release of the minutes of the meeting of the Monetary Policy Committee (Copom) and the expectation on the Quarterly Inflation Report (RTI) - to be published later this week - should call attention to the market.

According to Passos, the outlook for the Ibovespa tomorrow is bearish, since the external news should influence the Brazilian investors. Chinchila expects volatility in the Brazilian benchmark stock index.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


BRAZIL: DI Rates Trade Lower Amid Signs Of Centrist Support To Alckmin (01 hr(s), 26 min(s), 18 sec(s) ago)
(RTTNews) - The one-day interbank deposit futures rates (DI rates) in Brazil traded lower Friday a ...Full Story»

BRAZIL: Government Cuts 2018 GDP Growth Projection To 1.6%, From 2.5% (01 hr(s), 25 min(s), 18 sec(s) ago)
(RTTNews) - The Brazilian government revised the expectation of growth of the Gross Domestic Produ ...Full Story»

BRAZIL: 661 Jobs Were Closed In June (01 hr(s), 24 min(s), 18 sec(s) ago)
(RTTNews) - Brazil recorded a net loss of 661 jobs in June, resulting in 1,167,531 admissions and ...Full Story»

TIM BRAZIL: Net Profit Rises 53% In The 2Q18, To R$ 335 Million (01 hr(s), 33 min(s), 18 sec(s) ago)
(RTTNews) - TIM Brazil's net profit grew 53% in the second quarter from a year before, to R$ 3 ...Full Story»

BRAZIL: IPCA-15 Rises 4.53% In 12 Months To July (estimates +4.61%) (01 hr(s), 40 min(s), 18 sec(s) ago)
(RTTNews) - The preliminary official consumer price inflation index in Brazil (IPCA-15) lost stren ...Full Story»

EMBRAER: Company Delivers 48 Aircraft In 2Q18, 11 Less Than In 2Q17 (01 hr(s), 43 min(s), 18 sec(s) ago)
(RTTNews) - Brazil's Embraer delivered 48 aircraft in the second quarter of 2017 (28 commercia ...Full Story»

A (01 hr(s), 45 min(s), 18 sec(s) ago)
(RTTNews) - a For comments and feedback: contact editorial@rttnews. ...Full Story»

TIM: Net Income Grows 53% In 2Q18, To R$ 335 Million (01 hr(s), 50 min(s), 18 sec(s) ago)
(RTTNews) - Brazil's TIM Participalles' net income increased 53.2% in the second quarter c ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

BRAZIL: 661 Jobs Were Closed In June

07/21/2018 - 09:00 AM (RTTNews)
(RTTNews) - Brazil recorded a net loss of 661 jobs in June, resulting in 1,167,531 admissions and ...Full Story>>

BRAZIL: Government Cuts 2018 GDP Growth Projection To 1.6%, From 2.5%

07/21/2018 - 08:59 AM (RTTNews)
(RTTNews) - The Brazilian government revised the expectation of growth of the Gross Domestic Produ ...Full Story>>

BRAZIL: DI Rates Trade Lower Amid Signs Of Centrist Support To Alckmin

07/21/2018 - 08:58 AM (RTTNews)
(RTTNews) - The one-day interbank deposit futures rates (DI rates) in Brazil traded lower Friday a ...Full Story>>

TIM BRAZIL: Net Profit Rises 53% In The 2Q18, To R$ 335 Million

07/21/2018 - 08:51 AM (RTTNews)
(RTTNews) - TIM Brazil's net profit grew 53% in the second quarter from a year before, to R$ 3 ...Full Story>>

BRAZIL: IPCA-15 Rises 4.53% In 12 Months To July (estimates +4.61%)

07/21/2018 - 08:44 AM (RTTNews)
(RTTNews) - The preliminary official consumer price inflation index in Brazil (IPCA-15) lost stren ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.