Ibovespa recedes moderately at B3

At 12:24 pm (Brasília time), this Tuesday (19), the Ibovespa on the Brazilian Stock Exchange (B3) registered a fall of 0.93% and was quoted at 120,118 points. The indicator went to the negative side with the influence of the technical movement of realization of profits after gains the day before and caution on the first monetary policy meeting of the Monetary Policy Committee (Copom) of the Central Bank (BC) of Brazil. In addition, the 7.31% devaluations at SID Nacional, 5.38% at Usiminas and 4.95% at Gerdau also had repercussions. The market is also concerned with the imposition of new lockdowns to combat coronavirus in the world, contrary to expectations with global vaccination. The presidential inauguration of Democrat Joe Biden in the United States scheduled for tomorrow (20) also generates attention, as there are fears of a significant increase in taxes in the country so that greater economic stimulus can be injected. 

This text was translated by machine from Brazilian Portuguese.