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After a day of serene work on the financial market, the stock market and the dollar closed the year with added value. The commercial dollar closed the year 2018 at R $ 3,876, a cumulative increase of 16.9% over end of 2017. The Ibovespa index of the São Paulo Stock Exchange closed the last day of scholarship of the year at 87 887 points. at the lowest price since December 20 . During this session of sixth (28), the dollar closed down 0.48%. Compared to the beginning of the month, the currency closed with a slight increase of 0.52%, with an appreciation for the second consecutive month. On the stock market, the atmosphere was euphoric. In the first half, the US dollar was relatively stable compared to the end of last year. However, with the worsening trade tensions between the United States and China, the US currency increased by half in May . After the end of the recession, the currency registered a small truce, but it rose further amidst the tensions of the electoral race.
After the end of the decline, the currency recorded a small truce, but rose again during the tensions of the electoral race. In September 13 the closed commercial dollar was selling at R $ 4,196, the highest price since the beginning of the Real Plan. After the election results, the currency approached R $ 3.70, but rose again in the last two months of the year due to turmoil in the North American market.
The stock market followed a similar trajectory. of the year. In the first five months of 2018, the Ibovespa index exceeded 85,000 points, but fell to 70,000 points during the drivers' strike. In the following months, the indicator recovered, reaching a record high of 89,820 points in on December 3 .
However, in the last few weeks of the year, the index recorded significant declines, devaluation of major North American stock indexes. In times of turbulence in advanced economies, investors withdraw funds from emerging countries, such as Brazil, to cover losses abroad.
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