Ibovespa falls more than 2% this Friday at B3

At 12:32 pm (Brasília time), this Friday (15), the Ibovespa on the Brazilian Stock Exchange (B3) registered a strong fall of 2.06% and was quoted at 120,941 points. The market follows the devaluation of the Dow Jones Industrial Average index, assimilating the uncertainties about tax increases in the United States after President-elect Joe Biden announced yesterday (14) that he will deploy the $ 1.9 trillion stimulus package. economic benefits to the country. In addition, there are concerns about the new growth of contamination and deaths caused by the coronavirus in Brazil and in the world, in addition to the new variant of the disease and more stringent restrictive social measures in countries in Europe and America. In the domestic scenario, the technical movement of profit realization after recent increases has repercussions, in addition to the sales in the Brazilian retail market, which retreated after six months of increase, reaching a 0.1% drop in November, compared to the previous month. SID Nacional shares also fell 6.12%, Gerdau, -5.48% and Usiminas, -5.20%. 

This text was translated by machine from Brazilian Portuguese.