[ad_1]
SÃO PAULO – After several sessions in the market, the Ibovespa recorded a sharp decline in the midst of trade tensions between the United States and China and with signs of a slowdown in the economy World. As a result, commodities declined, especially oil, which lost about 2%, affecting Petrobras' prices.
Only 3 titles closed at more than 1% Tuesday (22), highlighting Via Varejo (VVAR3) and Braskem (BRKM5), the latter reaching 7% on average. in the expectation of this morning's meeting between the Minister of Economy, Paulo Guedes, and the Dutch company LyondellBasell, one of those interested in petrochemicals.
On the other hand, the refrigerators recorded a sharp decline, the BRF (BRFS3) and Marfrig (MRFG3) funds being the main reason for the suspension of imports of chicken meat from five Brazilian slaughterhouses by Saudi Arabia.
In the meantime, Luiza and B2W magazines experienced a new day of decline with the confirmation of Amazon's expansion in Brazil. Braskem (BRKM5)
Braskem rose by 7% in the height of the day against the expectations of the meeting in Davos of the Minister of Economy, Paulo Guedes, with the Dutch company LyondellBasell, which could allow unlock the sale of Braskem.
In December, Bloomberg announced that LyondellBasell was considering bidding for the company this year, but that she had already intended to talk to the new Brazilian government, according to sources close to the record. still closed as one of the highlights of the Ibovespa summit. During the day, there was no detail on the meeting between Guedes and LyondellBasell, but the Minister of the Secretary of the Government, General Carlos Alberto dos Santos Cruz, addressed the subject in an interview with Bloomberg.
Santos Cruz said that the government had not objected to the potential sale of Braskem. Sometimes a "very patriotic interpretation" ends up harming the reason, he says. "It is important to badyze how important it is to control, but also to improve investments," he said.
Vale (VALE3)
Vale's shares reverberated the slowdown in iron ore, with the commodity traded. Dalian, down 1.8% to $ 74.60. However, at the end of the trading session, losses were sharply reduced.
On the company's radar, Bradesco BBI's badysts reinforced VALE's positive outlook as one of the top picks in the commodity sector hedge for 2019 due to five factors: i) reversal base metals division with the expected reduction in cost and efficiency gains of $ 140 million; (ii) dividends + redemptions of up to US $ 7 billion during the year; (iii) potential mergers and acquisitions in electricity production or in the sub-markets; iv) ore is expected to trade this year at an average of USD 65 per tonne, still very healthy level; v) potential shareholder changes with potential total or partial withdrawal; Litel and the BNDES (but also a potential increase in participation) by Mitsui or until the entry of a new group of shareholders), and (vi) the Samarco resolution is finally in sight and will be able to resume its activities in 2020.
Petrobras (PETR3; PETR4)
Petrobras recorded a price decrease. oil, which fell about 2% due to fears of economic slowdown in China.
The federal government appointed Professor Nivio Ziviani a member of the Board of Directors of Petrobras . The company has received communication from its majority shareholder and the indication will now follow internal corporate governance procedures, including the compliance and integrity badyzes required for the state succession process.
According to Petrobras, Ziviani holds a degree in mechanical engineering from the Federal University of Minas Gerais (UFMG), a master's degree in computer science from the PUC-RJ and from & # [[[[[aPhDinComputerSciencefromtheUniversityofWaterlooCanadaBRFMarfrigandJBS
BRF (BRFS3), Marfrig (MRFG3) and JBS (JBSS3)
BRF, Marfrig and JBS Reuters announced that the Chinese Ministry of Commerce had accepted a proposal submitted by Brazilian chicken exporters with the aim of ending an anti-dumping dispute. Saudi.
While JBS slightly closed down, BRF and Marfrig lost 5% after the announcement of the news by Saudi Arabia to suspend the importation of chicken meat from 33 Brazilian slaughterhouses. But of these 33, only 5 actually export to the country, including the refrigerators of BRF and JBS.
According to the ABPA (Brazilian Association of Animal Proteins), according to some rumors, the withdrawal of plants was caused by alleged technical problems. Brazilian companies in the Saudi market could be the starting point of the economic barriers imposed by the intention to transfer the Brazilian Embbady from Tel Aviv to Jerusalem, Israel.
In Estadão, former secretary general of the Arab League), Amr Moussa, one of the Middle East's most influential diplomats in the region, said: "The Arab world is furious (with Brazil) . "
Invest with the best advice from the Arabs Credit Suisse has reduced Embraer's recommendation to outperform in the neutral with a target price of $ 24 for ADR, given the news less favorable indications, in addition to a more cautious long-term scenario for the post-joint venture company.
TIM Participações (TIMP3)
A TIM provided for the payment of interest on the capital of $ 380 million R $, originally scheduled for January 28 to January 24th.
Total Carrefour sales increased 14.9% in the fourth quarter to $ 10.7 billion. quarter. Comparable store sales revenue grew 7.4%, the largest quarterly increase since the first quarter of 2017. The annual target of 20 new stores has been achieved. Six new stores and two wholesalers were opened in the last three months of 2018.
"Although sales at the same Atacadão stores exceeded our expectations, we believe that the level was already high, especially after Assaí, its main competitor.
Banco Pan (BPAN4)
According to the Broad Column of Estadão, the Federal Savings Bank is in a hurry to sell its stake in the company Pan bank (formerly Panamericano) but has not decided on the format yet.The paths are to be offered to a strategic partner or to launch an offer of (subsequent) shares, once the institution has public capital.
The magazines Luiza (MGLU3) and B2W (BTOW3)
are launching in this country a series of news for the Brazilian market.Now, 11 categories of products will be sold and delivered by the company (in the model called 1P or direct sale), 4 of which are not Forgotten in the country: Toys, Babies, Beauty and Personal Care. Since last year, this expansion was expected in the Brazilian market, but the company says that the timing of the launch is not related to the country's economic situation – only to the maturity of the company herself.
To date, the only category in which the company worked on the model "sold and delivered by Amazon" in Brazil which was that of books. The expansion places the retailer at another level in the domestic market and may be considered a threat to consolidated companies such as B2W (whose stock dropped to 3.26% in the second, with rumors about novelty) and in a magazine. However, at the beginning of this session, the downsizing had been less significant, as it had been felt that the impact of Amazon's entry into direct sales [AuBresilB2WetlemagazineLuizaseronthelpstallingforcompanyprocedureswasdevelopedbyacompletelogisticsystemforleadmarkedreleasesExperiencedusersandproposingattractivefinancialsolutions
B2W has 15 distribution centers and Via Varejo has 26. We believe that the threat of the American giant Amazon is not so great, because the competition and logistics are very different on the local market, after all it's Brazil. ", the Levante badysis team points out, however, the slowdown intensified in the home stretch, the actions having followed the most negative global scenario.
Suzano (SUZB3)
Suzano announced the entry into force of new catalog prices for pulp shipments in all regions (Asia, Europe and North America) .The price for Asia is 780 dollars per ton, $ 1,010 in Europe and $ 1,210 in North America.
"We believe this announcement is positive, as (i) the new advertised price for Asia is $ 30 per tonne above price. FOEX current for China (about 750 dollars per ton), and ii) strengthens the company's commitment in the long-term strategy of "value", since Suzano chose not to reduce its price in spot markets, "say Itaú BBA badysts. They maintain the outperformance recommendation for Suzano and Klabin and have a preference for the latter in the short term.
(With Agência Estado and Agência Brasil)
Invest with the help of the best advice in Brazil: open an account on XP – it's free!
Source link
