After reaching 103 thousand points at the opening of the session, the Ibovespa stock exchange fluctuated between 104 thousand and 106 thousand points for most of the afternoon.
Therefore, it depends on the external mood and variations in shares in New York and oil prices.
But it ended up closing at the day's low, down 2.59%, at 102,983.54 points, with the worst on Wall Street.
However, at a certain point in the day, purchase orders reflected some willingness to buy discounted shares, which still accumulate significant losses for the year.
Ibovespa indices
Therefore, without having followed the rise in the reference index observed in December.
Thus, the movement to renew historic highs on the Ibovespa stock exchange was resumed.
This appetite, however, did not prove sustainable. In the end, the index's breather was not long enough to avoid losses, which deepened in the final hour.
After losing almost 8,000 points on Ash Wednesday, the Ibovespa closed today at its lowest level since October 10th.
The worsening was especially notable at the end, in a session in which New York indices recorded losses exceeding 4.4%, which increased towards the end, and those in Europe fell above 3%.
Here, the rotation financial, once again very high, totaled R$ 39.5 billion, surpassing that of the previous day (R$ 33.1 billion).
Ibovespa shares
Only four Ibovespa shares managed to sustain gains at today's close, with emphasis on IRB (+6.66%) and Hapvida (+1.39%) – yesterday, all components of the index had closed lower.
In the best moments of the afternoon, the Ibovespa exchange even experienced a moderate recovery, with a gain of 0.88% at the session's maximum, at 106,656.32 points.
“It was a 'black' or 'red' day, no one yet knows how to properly measure what effect the coronavirus will have on companies' results and global GDP. You have to wait a little; It’s cheap, ok, but that doesn’t mean it will go up tomorrow”, says Luiz Roberto Monteiro, operator of Renascença’s institutional desk.
For the year, losses now reach 10.95% and, in February, 9.47%, with the Ibovespa having remained in negative adjustment in the last four sessions.
Since it was a period slightly before the conclusion of the Social Security reform, on the 23rd of that month.
“When it reached 103 thousand points today, investors began to see an opportunity to buy, giving some support to the index.
Although the scenario has become darker in recent weeks, which is reflected in increasingly lower economic growth projections.
