The high dollar began this Wednesday's trading session, the 26th, quoted at R$ 4.4120, in the midst of post-carnival adjustments, with strong losses due to the spread of coronavirus out of China.
As if the American currency reached R$ 4.4420 and at 2:06 pm it had risen to 1.10%, quoted at R$ 4.4410.
The drop in oil prices, the confirmation of the first case of coronavirus in Brazil and the political risk in the country increase market caution.
that in the negotiations
Abroad, the markets were strongly shaken due to the spread of the coronavirus outside China, therefore with falls between 6% and 7% on the main exchanges.
The ADRs (share receipts of Brazilian companies traded in New York) of companies like Petrobras and Vale accumulated a fall of more than 8% in the last two sessions.
Since even before the trading session opened, at 1:00 pm this Wednesday, the BC announced an auction from 1:30 pm to 1:40 pm at a high dollar value.
Thus the value of up to 10,000 FX swap contracts, in a total of US$ 500 million.
The Ibovespa started the day with a strong drop, losing almost 5.7 thousand points between the minimum (108,008.17 points).
Thus, Friday's closing (0.79% retreat, at 113,681.42 points), around 6%, when B3 was closed.
At 2:06 pm, the index dropped 5.40%, to 107,537.33 points, with a general decline in the portfolio, despite the increase in New York.
Stocks are heavily devalued
Risk aversion in the market with the spread of the coronavirus and adjustments to falls in Brazilian company shares (ADRs) in New York.
However, on Monday and Tuesday, the actions of the airline sector were affected: Azul PN fell by 9.47% and Gol PN had a decline of 7.78%. Vale ON and Petrobras trailed around 7%.
The food sector also has losses. JBS ON entered the auction after falling 6,54%. Marfrig ON has a low of 4.29%, while BRF ON drops 3.59%. Outside the index, Minerva ON is down to 4.31%.
