B3 closes down this Tuesday (18). The Ibovespa dropped 0.29%, to 114,977 points. At minimum, he scored 113,421 points. At maximum, it was 115,309 points.
The main index of the Brazilian stock exchange closes down and follows the worsening in international markets. After Apple warned that it may not meet its targets due to the coronavirus outbreak in China. That kept one of the biggest iPhone factories in the world closed.
The exchange accumulates high of 1.07% in the partial of the month. However, it recorded a drop of 0.58% in the year.
Dollar has a new closing record, hitting R$ 4.35 again.
Analysis
Fears due to the spread of the coronavirus again alerted financial agents this Tuesday, after Apple's announcement that it will not be able to meet its revenue targets in the period between January and March, precisely due to the impact of the coronavirus outbreak. Apple shares fell on Tuesday at the opening of Wall Street.
While factories in China have reopened, they are resuming activity at a slower pace than expected, the company said.
“There is still uncertainty about what economic impact there will be globally from the coronavirus outbreak, as well as how long the Chinese government will take to bring the entire epidemic under control. There are advances, but everyone is still very cautious on the subject”, quoted BTG Pactual.
Considering the local scenario, the market also evaluates the GDP Monitor released earlier by Fundação Getulio Vargas (FGV). Which pointed out that the Brazilian economy stopped in December and grew 1.2% last year. It is the third year in a row of expansion, however, it is still far from returning to the level it was before the crisis. On March 4, official GDP data will be released by the Brazilian Institute of Geography and Statistics (IBGE).
