Ibovespa drops more than 1% at the end of the day at B3

At 6:15 pm (Brasília time), this Wednesday (24th), the Ibovespa on the Brazilian Stock Exchange (B3) registered a 1.06% drop and was quoted at 112,064 points, the lowest of the day. At the maximum, it reached 114,822 points. The indicator went to the negative side after gains for most of the day, influenced by the technical movements of profit realization and news that Brazil surpassed the mark of 300 thousand deaths caused by the coronavirus, according to data from Johns Hopkins University. The significant growth in cases, deaths and hospitalizations caused by COVID-19 in European countries is also a concern for the international market, as it goes against expectations with vaccination of the population. In addition, the Brazilian Trade Confidence Index (ICOM) also plummeted 18.5 points in a pack, to 72.5 points, recording the lowest value since May 2020, according to data from the Getúlio Vargas Foundation. 

This text was translated by machine from Brazilian Portuguese.