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The 10% fall in Apple's stock price, which reflects lower-than-expected earnings forecasts, led the global markets to a new day of significant losses. In Brazil, however, the optimism sparked by the beginning of the Bolsonaro government gave power to the stock market to close in the positive, thus renewing the historic maximum reached the day before (19659002). Ibovespa, the main stock index of the country, rose 0.60% day to 91.564 points. The financial turnaround was 20 billion rand, above the daily average of last year. The day was marked by a sharp swing in prices and the market spent a good part of the trading session negatively, contagious from the outside.
In the national news, the highlight was the statement of the Minister of households, Onyx Lorenzoni, that the project of social security reform will be presented by the Minister Paulo Guedes (Economy). until the next second (7).
The financial market believes that pension reform is crucial for the rebalancing of public accounts, and since the election of Bolsonaro, investors had hoped it would be presented at the beginning of the mandate to mark its commitment. 19659002] However, the gain on the local market has been contained by the turbulent outside. Apple's shares fell on Thursday after the company estimated a drop in revenue in the first quarter of 2019, ending in December.
Earnings decline forecasts reflect market fear since mid-September last year, as investors began to fear the effects of the global economic slowdown on badets.
In a letter to investors released Wednesday evening, Tim Cook, the company's president, listed four reasons for reducing the projection, the main one
"While we have anticipated some challenges in the major emerging markets we did not anticipate the extent of the economic slowdown, especially in Greater China, "Cook wrote.
The review of Apple's estimates, which reached US $ 1 trillion in August, reflects investors' fears about the slowdown in the global economy. With the fall of this fifth, Apple becomes the fourth largest company, behind Microsoft ($ 752.8 billion), Amazon ($ 733.6 billion) and Alphabet / Google ($ 709.7 billion).
The negative day of reflection was the fall of more than 2% of the main American indices. The Dow Jones jumped 2.83% and the Nasdaq 3.04%.
With the bad US scenario, emerging currencies posted mixed performances. On a basket of 24 currencies, 15 advanced on the dollar.
Before the real, the dollar fell 1.46% and closed at R $ 3.77540, its lowest level since mid-November.
Jefferson Laatus, market operator and member of the Laatus group, who trains the professionals, indicates that the signing of the agreement of the PSL, the party of President Jair Bolsonaro, on the support of Rodrigo Maia (DEM) to the re-election in the House maintains the optimism of the local market
In addition to this optimism, the local market the end of the remittances of multinationals abroad, a typical move of the month of December and which generally makes progress the dollar on the real. In order to contain the pressure, the Central Bank has made money sales transactions with redemption commitment.
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