At 12:32 pm (Brasília time), this Wednesday (10th), the Ibovespa on the Brazilian Stock Exchange (B3) recorded losses of 0.97% and was quoted at 118,291 points.
The indicator continues the losses from the day before with the market uncertain about the future of internal fiscal health with the discussions on emergency aid still in the midst of the coronavirus pandemic and vaccination considered slow. In addition, retail sales ended the year 2020 accumulating a growth of 1.2% compared to the previous year, the weakest rate in the last 4 years, but the fourth annual high in a row, according to the Brazilian Institute of Geography and Statistics ( IBGE). The 3.56% devaluation in BTG Pactual's shares and 3.12% in Magazine Luiza also had repercussions. In the international scenario, the market remains hopeful about the possible approval by Congress of the US$ 1.9 trillion package to stimulate the United States economy. China and the US also showed signs of economic recovery with rising consumer prices in 2020 and January.
This text was translated by machine from Brazilian Portuguese.