Ibovespa is up moderately close to closing at B3

At around 5:29 pm (Brasília time), this Tuesday (12th), the Ibovespa registered an increase of 0.66%, quoted at 124,066 points on the Brazilian Stock Exchange (B3). The Brazilian stock index ended the day motivated by the technical movements of adjustments in positions after losses the day before, in addition to the 7.43% jump in Embraer's shares and 5.14% in Rumo. In addition, the market remains optimistic about coronavirus control with advances in the distribution of vaccines worldwide and in the development of international immunizers. More than fifty countries have already started vaccination and Coronavac showed an overall effectiveness of 50.38%. Expectation also about the presidential inauguration in the United States of Democrat Joe Biden on January 20, which should favor the approval of economic stimuli in the country still in the midst of the coronavirus pandemic and its mutations.

This text was translated by machine from Brazilian Portuguese.