At 6:15 pm (Brasília time), this Tuesday (2nd), the Ibovespa on the Brazilian Stock Exchange (B3) registered an increase of 1.09% and was quoted at 111,539 points. The indicator went to the positive side this afternoon with bank shares gaining momentum after fears over the decision of Brazil's President, Jair Bolsonaro, to zero federal taxes on diesel and cooking gas. Itaú Unibanco jumped 4.36%, Santander, + 3.14%, Banco do Brasil, + 3.84% and Bradesco, + 2.97%. Despite the fact that the decision should be offset by the increase in the Social Contribution on Net Income (CSLL) of financial institutions. On the international scene, the market remains optimistic with the approval of the $ 1.9 trillion stimulus package for the recovery of the United States economy and facing the coronavirus pandemic in the Senate this week. Coronavirus vaccination also supports expectations for disease control and global economic recovery.
This text was translated by machine from Brazilian Portuguese.