Despite the negative performance of Ibovespa in March, the stock exchange still recorded a net inflow of capital; financial volume in the trading session totaled R$37.2 billion
The Ibovespa advanced 1.5% this Thursday (09), closing above 195 thousand points for the first time in its historyendorsed by the relative truce in risk aversion on the international scene, even with the vision of a still fragile ceasefire between the United States and Iran. The reference index for the Brazilian stock market, the Ibovespa .BVSP rose 1.52%, to 195,129.25 points, after marking 195,513.91 at its maximum and 192,206.22 at its minimum. The financial volume in the trading session totaled R$37.2 billion.
The São Paulo stock exchange has shown a certain resilience since the start of the war at the end of February. Despite the negative performance of Ibovespa in March, the stock exchange still recorded a net inflow of capital external balance, which persists in April, with a positive balance of R$1.6 billion until the 6th.
According to Blue3 Investimentos partner and advisor Willian Queiroz, the announcement about theThis fire opened space for a recovery in the marketsas well as a relief from volatility, even if there are still some risks, with military resources on standby in the Middle East. But, he added, the prospect of an end to the war “brought the calm that the Ibovespa needed to continue hitting historic highs”.
Highlights of the Brazilian stock market this Thursday were:
- PETROBRAS PN PETR4.SA closed up 2.77%, supported by the movement of oil abroad, although it slowed down with the commodity also moving away from the day’s high;
- ITAÚ UNIBANCO PN ITUB4.SA advanced 1.71%, gaining momentum during the session, as did other stocks in the sector;
- VALE ON VALE3.SA fell 1.05%, with iron ore futures in China reaching a low in more than a month, pressured by increased supply and doubts about the outlook for Chinese demand;
- SABESP ON SBSP3.SA advanced 3.3%, in a session marked by the company’s event with analysts and investors, with the announcement of investment forecasts of around R$20 billion in 2026;
- AXIA ENERGIA ON AXIA3.SA rose 3.81%, also among the main contributions to the rise of the Ibovespa, in positive trading in the electricity sector on B3, with the respective index;
- HAPVIDA ON HAPV3.SA closed up 4.74%, expanding the previous day’s gains, when the news brought communication from the company about an increase in participation by controlling shareholders and BTG Pactual, as well as plans to sell its operations in the south of the country.
*Reuters
