Ibovespa operates with slight devaluation in B3

At 12:34 pm (Brasília time), this Wednesday (31), the Ibovespa on the Brazilian Stock Exchange (B3) recorded losses of 0.27% and was quoted at 116,535 points. The indicator went to the negative side this afternoon with the influence of the technical movements of realization of profits after gains in the last days and devaluation of more than 3% in the shares of Qualicorp and Sul América. In addition, the market remains uncertain about the fiscal consequences of the new wave of coronavirus that hits Brazil, as it has significantly increased the number of cases, deaths and hospitalizations due to the disease in recent weeks. According to the Brazilian Institute of Geography and Statistics (IBGE), unemployment in the country reached 14.2% in the quarter ended in January, the highest rate ever recorded for the period since the beginning of the survey, in 2012. The number of unemployed people reached the record high of 14.3 million. Internationally, European countries have again imposed stricter social restriction measures with the new growth in the number of cases and deaths, increasing the chances of a fourth wave of the disease. The market also waits for the announcement of the President of the United States, Joe Biden, with the details of an infrastructure package of more than 2 trillion dollars.

This text was translated by machine from Brazilian Portuguese.