Ibovespa closes in a new maximum and the slope in 94 thousand points

SÃO PAULO (Reuters) – Ibovespa closed Thursday with a new historic record, after reaching the 94,000 points at the best time, according to the positive outlook of the country's reforms and the moderate signs of the process

Domestic stock benchmark, Ibovespa closed up 0.21% to 93,805.93 points, a new closing record, the sixth of this year. month.

At the earliest, the Ibovespa fell by 0.6% amidst moves in the first half of the year, profits, supported by the less favorable scenario abroad, where the l '. mood also improved during the session, Wall Street fluctuating on a positive ground after a weaker opening.

Santander Brazil's strategists reiterated the overweighting recommendation for equities Brazilian companies saw an improvement in the local risk balance and raised Ibovespa's price target to 115,000 points, a report distributed to customers on Thursday.

In 2019, the Ibovespa has already peaked at 5.87%. .

Data on foreign capital traded on the Bovespa segment, however, shows that foreigners are reluctant to apply in Brazilian newspapers, with outflows exceeding inflows of 1.2 billion reais in January.

Abroad, Federal Reserve Chairman Jerome Powell reiterated Thursday that the US central bank was patient with respect to monetary policy.

Source link