Ibovespa gains strength at the end, exceeds 92,000 points and returns to the historical maximum; The dollar drops to $ 3.71

SÃO PAULO – After negotiating a good part of this Tuesday (8), the Ibovespa regained strength during the last part of the trading session and managed to close in the positive direction. Despite this, the index was far from the sharp rise in Wall Street, which remains optimistic about a possible positive outcome of the meeting between Donald Trump and Chinese government officials to end the trade war between the two countries. country.

In this context, Ibovespa closed up 0.36% to 92,031 points, thus renewing its maximum historical closing. The financial volume amounted to 14,142 billion rand. At the same time, the February dollar contract fell 0.61% to R $ 3,718, while the commercial dollar lost 0.50% to R $ 3.7155.

On the interest rate market, the contract maturing in January 2021 fell by 3 basis points to 7.36%, while that of January 2023 fell 4 points to 8.44%.

China's top economic adviser in negotiations with the United States was announced on Tuesday and is seen as a strong signal of China's willingness to reach an agreement.

On the other hand, part of the market is waiting for US Trade Representative Robert Lightizer not to want to move quickly in negotiations to maintain bargaining power and obtain more concessions. on the part of the Chinese

at the beginning of the negotiations, but if an agreement was reached, it would be very positive for the markets, "says the research team of XP Research

The second meeting between Bolsonaro and his Ministers also had expectations on the design of the reform of

The Minister of Infrastructure, Tarcisio Gomes de Freitas, said the government was considering placing about 100 state-owned enterprises for privatization or in the account, it included subsidiaries of companies such as Eletrobras, BNDES, Banco do Brasil and Caixa, but did not mention any specific state. "The goal, said the mid nistre, is to release the budget of investment in the priorities of management.

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Oil rose by more than 2%, reaching its seventh peak, closely followed by production cuts by OPEC (Organization of Petroleum Exporting Countries). Saudi Arabia has indicated that it could reduce its exports beyond the level already agreed with OPEC. The weekly survey in the United States, which leaves tomorrow, should also lead to a decrease in stocks of raw materials.

Highlights of the Stock Market

The largest increases, among the stocks making up the Bovespa Index, were as follows:

Code	19659015] Flight 1
BRF	BRF SA ON	22.93	+6.21	+4.56	193.75M
ELETROBRAS ON	30.48	+5.10	+25.79	161.64M
BTOW3	B2W DIGITAL ON	42.00	+4,	-0.05	100.42M
MRVE3	MRV ON	13.05	+3.90	+5.58	80.08M [19659030] TIMP3	TIM PARTY S / AON EJ	12.84	+3.80	+9.77	61.10M

The heaviest losses among the roles that make up the Bovespa indices were:

Code	Active	Cot R $	% Day	% Year	Flight ]
CIEL3	CIELO ON	] 9.72	-3.38	+ 9.34 [1] BRCT3	BRCT3	BRCT3	BRCT3	BRCT3	BRCT3		-3.28	-3.08	58.36M
USIM5	USIMINAS PNA EJ	] 9,77	-2.91	NATURE ON EJ	44.36	-2.44	-0.88	93.57M

The most traded stocks, among which the index Bovespa, were as follows:

Code	Active	Cot R $	Var	Flight 1		PETR4	PETROBRAS PN EJ N2	24.96	-0.60	1.73B	1.92B	91.329
VALE3	VALE ON	52.41		1.04B	1.05B	] 52.720
BBDC4	BRADESCO PN EJ	] 41.19	+0.61	861.15M [19659098] 19659099]		ITAUUNIBANCOP ED	37.52	+1.27	725.18M	19659107] BBAS3 [1] 9659080] BRASIL ON	47.93	-1.13		692.05M	424.90M	33.784
ABEV3	AMBEV S / A	16.15	-2.00	360.75M	290.35M	35.337
PETR3	PETROBRAS ON EJ N2	25	-0.53			357.33M	321.87M	28.292
B3SA3	B3 on EJ	27.88	+0.29		316.28M	347.17M [19659084] 32.577 CMIG4	CEMIG PN EJ	13.38	-0.52 09M	158.64M	32.830
LREN3	LOJAS RENNERON EJ	41.70	] +3.22	221.04M	137.20M	19659099] 19.253

^* – Lot of a thousand actions
¹ – In reais ( K – Thousand | M – Million | B – Billion) IBOVESPA

Political News

The Social Security Reform Project Studied by the President's Economic Team Provides for a transition rule of 10 to 12 years, according to Folha de S. Paulo. The period is much shorter than the 21 years provided in the reformed version of former President Michel Temer (MDB), even after the changes made by Congress.

By reaching the minimum age for men and women in one The reform to the study is more severe and would be more profitable than the Temer reform.

Another mission to all ministers was a list of measures that everyone intends to implement in the years to come. weeks and a scan in the accounts of each file and badysis, mainly, expenditures made in the last days of management Michel Temer. Bolsonaro asked both of them to leave the country and that, the first week of the new government, Bolsonaro asked them to leave the public.

and do demonstrations of units. The ministers made a first gesture yesterday and, at the invitation of Onyx, Guedes had lunch with him in the office of the Civil House, in Plbadto Palace, reports the O Estado de S. Paulo newspaper.

In a new retreat, the president informs the military commanders and general officers of the summit of the armed forces that there will be no US base installed in Brazil during his term, reports the newspaper Folha de S. Paulo.

According to Jason Vieira, chief economist at Infinity Asset, General Augusto Heleno recently adjusted the "mess" of Bolsonaro, indicating that he has a lot of information, many people who speak and speak. at the same time, little time to filter everything "Nevertheless, the natural learning curve of a new government, composed in particular of a more technical and less political team, seems to follow the normality, with natural disagreements, "said Vieira, estimating that" this dissent [no governo] has a deadline, as well as the patience of the market "

Economic Indicators

Industrial production rose by 0.1% in November compared to October, in the seasonally adjusted series, according to IBGE (Brazilian Institute of Geography and Statistics). The result is lower than the median estimate of 0.2% collected by Bloomberg. In the annual comparison, there was a 0.9% decrease compared to a 0.4% decline forecast.

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