The dollar falls and the stock exchange hits a record on the first day of the Bolsonaro government



[ad_1]

The price of the dollar fell on the first day of Jair Bolsonaro's government. Brazilian currency B3, the official stock market in Brazil, started the year with a high of 3.56%, for a total of 91,012 points at closing. this Wednesday, reaching a record value. The previous record of 89,820 points was recorded on December 3, 2018.

In today's trading session, the best performances were Eletrobras (+ 20.72%), Eletrobras GNP (+14, 52% ) and Sabesp (+ 9.11%).

Previously, the new Minister of Mines and Energy, Bento Albuquerque, had declared that he would continue the privatization process of Eletrobras. In his speech at the broadcast ceremony, he spoke about the privatization project of the company that former President Michel Temer sent to Congress last January.

The text sent by Temer predicts that the process of selling Eletrobras will be through the capitalization of shares. In practice, the company's actions would be scattered until the union becomes a minority partner.

After the speech of Albuquerque, the president of Eletrobras, Wilson Ferreira Jr., defended the capitalization of the company, saying that this was necessary the company will receive new investments.

[ad_2]
Source link