To the surprise of many people, Bovespa continues another week in a row of high growth, even in the face of the terrible scenario that the world is living in relation to the new coronavirus.
Stock exchange information (Bovespa) were collected from the Valor Econômico portal, and according to the editorial of the news portal G1 news, so don't worry, it's safe information, at the end of this text you can check the sources.
In Brazil, the market is excited, even with the new coronavirus, today we see that the main index of the Brazilian stock exchange, the B3, operates on a high this Tuesday (5), showing recovery after two consecutive falls, amid a more favorable environment abroad, while the quarterly earnings season also continues under the spotlight, with the result of Itaú Unibanco.
Bovespa follows another week of highs
According to a publication by the G1 economy sector, around 4:35 pm, the Ibovespa was up 0.79%, to 79,501 points. See more quotes.
On this first Monday in May, the stock market closed down by 2.02%, at 78,876 points. Airline companies led the falls among Ibovespa shares, with Azul retreating 12.87%, and Embraer and Gol falling 10.75% and 10.08%, respectively.
From the perspective of the team at Guide Investimentos, the benign bias in global equity markets finds support in the continuity of the economic reopening movement around the world, according to reports to clients.
Global economy does not promise to grow
Germany's regional governors will set out measures to further ease restrictions imposed by the coronavirus pandemic in a conference call with Chancellor Angela Merkel on Wednesday, two people familiar with the matter told Reuters on Monday.
However, Trump's country (USA) in turn, California announced on Monday the first steps to reactivate the state's economy, giving a green light for stores to open this week, albeit with restrictions, according to the Reuters.
Anyway, what did you think? Is Brazil headed for economic success? Leave your opinions!
Source: G1 News Economy
