To the surprise of many people, Bovespa continues another week of high growth, even in the face of the terrible scenario that the world is experiencing in relation to the new coronavirus.
Information about the stock exchange (Bovespa) were collected from the Valor Econômico portal, and according to the editorial of the news portal G1 news, so don't worry, the information is reliable, at the end of this text you can check the sources.
In Brazil, the market is excited, even with the new coronavirus, today we see that the main index of the Brazilian stock exchange, B3, is operating high this Tuesday (5), showing recovery after two consecutive falls, amid a more favorable environment abroad, while the quarterly balance sheet season also continues under the spotlight, with the result of Itaú Unibanco.
Bovespa continues another week of growth
According to a publication by the G1 economics sector, at around 4:35 pm, the Ibovespa was up 0.79%, at 79,501 points. See more quotes.
On this first Monday of May, the stock market closed down 2.02%, at 78,876 points. Companies in the airline sector led the falls among Ibovespa stocks, with Azul falling 12.87%, and Embraer and Gol falling 10.75% and 10.08%, respectively.
According to the perspective of the Guide Investimentos team, the benign bias in global stock markets finds support in the continuity of the economic reopening movement around the world, according to a report to clients.
Global Economy Does Not Promise to Grow
Germany's regional governors will outline measures to further ease restrictions imposed by the coronavirus pandemic in a conference call with Chancellor Angela Merkel on Wednesday, two people familiar with the matter told Reuters on Monday.
However, Trump's home state of California announced on Monday the first steps to revive the state's economy, giving the green light for stores to open this week, albeit with restrictions, according to Reuters.
So, what do you think? Is Brazil on track for economic success? Leave your opinions!
Source: G1 News Economy