After reaching 103,000 points right at the opening of the session, the Ibovespa exchange ranged between 104,000 and 106,000 points for most of the afternoon.
So depending on the external mood and changes in stocks in New York and oil prices.
But it ended up closing at the low of the day, down 2.59%, at 102,983.54 points, with the worst on Wall Street.
However, at a certain moment of the day, the buy orders reflected some willingness for discounted shares, which still accumulate significant losses in the year.
Ibovespa indexes
Therefore, and without having accompanied the rise in the reference index observed in December.
Thus, the movement to renew historic highs on the Ibovespa stock exchange was resumed.
This appetite, however, did not prove to be sustainable. In the end, the index's breath was not long enough to avoid losses, which deepened in the final hour.
After losing nearly 8,000 points on Ash Wednesday, the Ibovespa closed today at its lowest level since October 10th.
The deterioration was especially notable towards the end, in a session in which New York's indices recorded losses of more than 4.4%, which were magnified towards the close, and those of Europe fell above 3%.
Over here, the turn financial, once again very high, totaled R$ 39.5 billion, surpassing the previous day (R$ 33.1 billion).
Ibovespa shares
Only four Ibovespa stocks managed to sustain gains at the close of today, with emphasis on IRB (+6.66%) and Hapvida (+1.39%) – yesterday, all components of the index had closed down.
In the best moments of the afternoon, the Ibovespa stock exchange attempted a moderate recovery, with a gain of 0.88% at the maximum of the session, at 106,656.32 points.
“It was a 'black' or 'red' day, nobody yet knows how to properly measure what effect the coronavirus will have on company results and global GDP. You have to wait a bit; it was cheap, ok, but that doesn't mean it will go up tomorrow”, says Luiz Roberto Monteiro, operator of the institutional desk at Renascença.
In the year, the losses now reach 10.95% and, in February, 9.47%, with the Ibovespa having remained in negative adjustment in the last four sessions.
Well, with a period just prior to the conclusion of the Social Security reform, on the 23rd of that month.
“When it reached 103,000 points today, investors began to see buying opportunities, giving some support to the index.
Despite the fact that the scenario has become darker in recent weeks, which is reflected in ever lower economic growth projections.
