No one imagined that the new coronavirus would disrupt international negotiations so much, right? Because this morning, the shares of some big companies in the market suffered big drops, but it's not the end!
According the portal the value this last week of April. Shares of Brazilian aircraft manufacturer Embraer fell 14%, to R$ 7.12, at the opening of the Brazilian Stock Exchange this Monday (27), after the agreement to purchase the civil aviation area by Boeing was canceled on Saturday (25).
We know that the sharp drop in a few minutes of trading led to the stock trading being paralyzed, in the so-called share auction, when buy and sell orders are suspended for five minutes. The auction can be triggered at different times during the trading session, depending on the volatility of the stock.
On the return of trading, the company's shares fell 12.8%, to R$ 7.22. The Ibovespa rose 1.8%, to 76 thousand points, around 10:40 am. The dollar retreats 0.4%, to R$ 5.64.
Embraer coronavirus plummet 14%
Due to the new and terrible coronavirus pandemic and the impact of the Boeing 737 MAX crisis, Embraer has depreciated 63.4% so far, going from a market value of R$ 15 billion to R$ 5.3 billion.
Guide Investimentos' report clarified that
“For the Brazilian company, the situation reinforces our negative view, as aircraft orders continue to fall short of expectations and the joint venture with Boeing could bring some financial relief to the company. With this, we do not rule out a possible need for capitalization by the company to withstand the adverse period”,
Bolsonaro government takes measures for the economy.
we talk in this matter here that Bolsonaro has new strategies to continue with public economic policies. The President gave an interview this morning clarifying the future of the country after the departure of Sergio Moro.
Anyway, did you like the information?: Then share it with your friends!
Source: Newspaper
