INSUBCONTINENT EXCLUSIVE:
This surge comes after a period of market pessimism at the end of the year.The index closed up 0.95% at 121,162.66 points, as reported by
The US dollar continued its downward trend against the Brazilian real, closing at R$6.10, a 0.14% decrease.This decline reflects the
potential adoption of lower import tariffs by the Trump administration in the United States
Lower tariffs could lead to less inflationary pressure in the US, potentially resulting in lower interest rates and a weaker dollar against
However, no new information emerged to significantly alter market sentiment or further weaken the dollar.Fabio Louzada, founder of Eu me
banco, stated that without concrete measures, the scenario will likely remain unchanged, with high dollar rates and future interest
rates.The Brazilian Stock Market Rebounds: Ibovespa Surpasses 121,000 Points
(Photo Internet reproduction)Petrobras shares (PETR3; PETR4) rose 2.77% and 2.10% respectively, following the increase in global oil prices
the acquisition of Julius Baer Brasil for R$615 million
The asset management firm currently oversees approximately R$61 billion in assets.On the negative side, Vamos (VAMO3) shares fell 0.42%
after Banco Safra cut its target price from R$11.90 to R$6.70