Economy: the situation of the stock exchanges in Brazil and in the world 03-24-2020

In Brazil, the B3 rose to 9.69%, while the dollar closed down by 1.05%, to R$ 5.0814.

The main stock exchanges had a calmer day this Tuesday (24). The Dow Jones Industrial Average rose 11.37%, recording its biggest daily percentage gain since 1933. After US lawmakers said they are close to an agreement on a $2 trillion economic rescue package.

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The day was also positive in the European market. Stock markets posted their best daily performance since 2008.

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Economia: a situação das bolsas de valores no Brasil e no mundo 24-03-2020

International Markets

Stock exchanges:

  • Bovespa: closed at a high of 9.69%, at 69,729 points
  • Dow Jones (New York Stock Exchange): closed at a high of 11.37%
  • The London Stock Exchange: closed at a high of 9.05%
  • Frankfurt: closed higher at 10.98%
  • Paris: closed higher at 8,39%
  • Madrid: closed higher at 7.82%
  • Tokyo: closes higher at 7.13%
  • Shanghai: closed down 2,34%
  • Seoul: closes higher at 8.60%
  • Singapore: closes higher at 5.76%
  • Sydney: closed higher at 4,17%

Petroleum

  • WTI Crude Oil: closed higher at 2.8%, US$ 24.01
  • Brent Oil: Closed up 0.4%, US$ 27.15

Note: referring to 17:35

In the world

  • Euro zone business activity plunged to a record low of 31.4 points in March from 51.6 in February, according to the IHS Markit PMI index, by far the biggest monthly drop since the survey began in mid- 1998.
  • The Fed has announced that it will support corporate bond purchases, support direct lending to companies and expand its asset purchases for as long as necessary to stabilize financial markets.
  • Chinese health authorities announced on Tuesday that 78 new cases of Covid-19 were registered in the last 24 hours, most of them imported from abroad, raising fears of a new wave of infections.
  • G7 finance ministers and central bank governors have pledged to expand fiscal and monetary action for as long as necessary to ensure the return of coronavirus-hit growth and confidence.

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