Ibovespa operates in expressive drop in B3

At 12:35 pm (Brasília time), this Friday (22), the Ibovespa on the Brazilian Stock Exchange (B3) registered a 1.37% drop and was quoted at 116,711 points. The indicator reflects the market's fear around Brazil's fiscal uncertainties for 2021 still amid the continued spread of the coronavirus, which has made social isolation measures more rigid in the country. There is also no news about the negotiations for importing inputs from China for the production of CoronaVac at the Butantan Institute, in São Paulo. In addition, the 7.37% decline in IRB Brasil shares, 3.84% in CVC Brasil and 1.98% in Azul also had repercussions. Internationally, there is still concern about the imposition of new lockdowns to fight the coronavirus in the world, mainly in European countries and in China, contrary to the expectations with the global vaccination.

This text was translated by machine from Brazilian Portuguese.