At 12:31 pm (Brasília time), this Wednesday (17th), the Ibovespa on the Brazilian Stock Exchange (B3) registered gains of 0.46% and was quoted at 114,547 points. The indicator went to the positive side after losses earlier in the day with fears about the coronavirus in Brazil. The 6.07% appreciation in Cielo shares, 4.46% in Cosan and 4.18% in PetroRio also has repercussions. In addition, the market assimilates the maintenance of the federal government's forecast of a 3.23% rise in Brazil's Gross Domestic Product (GDP) this year, accompanied by the limits of public cats in fighting the coronavirus pandemic. There is also a wait for the decision on the basic interest rate for Brazil and the United States, which will be announced today by the Monetary Policy Committee (Copom) and the Federal Reserve (FED), respectively.
This text was translated by machine from Brazilian Portuguese.