Ibovespa takes off from abroad again and is running at less than 105,000 points; Advance Interest to DI

Ibovespa runs below 105,000 pips in the last trading session before Christmas. There will be no trading tomorrow in B3 nor on the New York Stock Exchanges, and Thursday’s session tends to be low in terms of volume. Yesterday, the turnover was almost half of what is being traded on a “normal” day, which also tends to increase the volatility of the index.

This morning released the most anticipated indicator of the week: Consumer Price Index (IPCA) for December, which had a monthly variance of 0.78%. Inflation slowed compared to November (when the IPCA was up 1.17%), but closed the year at 10.42%, the biggest annual advance since 2015.

“IPCA slows down from November to December, but it spreads over more elements and you will see the most stressed part of the services, which is bad. The market thought the peak of inflation would come in the middle of the year and it would slow, which it did not,” says Gustavo Cruz, strategist at RB Investimentos. Carrying the index at that level for next year is not good.

Investors are still on the domestic agenda following the release of labor market data from november locked up. The net official employment balance was positive at 324,112 jobs in November, compared to market expectations, according to consensus. Bloombergand created 216,000 vacancies.

“In our view, the formal labor market in Brazil will continue to expand in the coming months, although net job creation should slow,” XP analysts say in a report.

At 2:49 pm (Brazilian time), the Ibovespa index fell 0.41%, to 104816 points. The Ibovespa index due in February 2022 fell 0.69% to 106,065 points.

The business dollar worked with a slight increase of 0.03%, to R$ 5.668 in buying and R$ 5.669 in selling. Dollar futures due in January 2022 increased 0.37% to R$5.683.

In the interest futures market, the DI for January 2023 rose 23 basis points to 11.60%; DI stock for January 2025 rose 16 basis points to 10.56%; The DI for January 2027 was up 12 basis points at 10.46%.

Also pay attention to economic data in the US. Consumer spending price index (PCE) rose 0.6% in November on a monthly basis and 5.7% on an annual basis, according to data released Thursday (23) by the Business Department. Kernel rose above expectations.

On the other hand, the country’s jobless claims numbers remained stable at 205,000 in the week ending December 18, in line with the expectations of economists consulted by the State Department. Refinitiv.

New York stock exchanges are back on the rise. The Dow Jones rose 0.59%; S&P 500 futures rose 0.71%; Nasdaq shares rose 0.91%.

“The bottom line is that even with rising inflation and new cases of the Omicron variant, the US economy continues to grow at a very high rate, pushing the S&P 500 Index to an all-time high,” the XP report says.

Most global markets traded slightly higher on Thursday morning, after the latest Covid-19 studies raised hopes that the global recovery could counter the spread of the new micron variant. US consumer confidence and home sales helped bring back some optimism, as studies show that the new alternative may be less likely to transfer patients to hospitals than Delta.

In Europe, stock exchanges are also running high. The pan-European Stoxx 600 index, which includes companies from 17 European countries, rose 0.97%.

Researchers in Scotland and Imperial College London have found signs of lower hospitalization rates among people with microneedles. According to the publication, the risk of hospitalization for patients with the micronized variant of Covid-19 is 40% to 45% lower than for patients with the delta variant.

The new data adds to a study showing South Africans are 70% less likely to develop a serious illness and 80% less likely to be hospitalized if they become microscopic.

In addition, a new anti-Covid-19 contraceptive pill developed by Pfizer has been approved for emergency use in the United States. AstraZeneca and Novavax said their vaccines offer protection against the new strain.

Piece number of goodsThe price of oil is rising again in the international market. The price of a barrel of Brent oil rose 1.45% to $76.38. That rose from WTI by 1.28% to $73.69.

corporate radar

Minerva (BEEF3)

Minerva (BEEF3informed, Thursday (23), the conclusion of the process of forming a joint venture (JV) with Amyris, with the goal of developing molecules for the sustainable production and distribution of animal protein around the world.

The company said the process of developing molecules by fermentation is one of the most advanced and efficient alternatives in the search for a food production model with less impact on the carbon chain, contributing to the sustainability of the planet.

In addition to the initial investment of $5 million (60% of the joint venture’s total capital), Minerva will work on distribution channels and market access, and will develop the entire joint venture’s go-to-market strategy. The first initiative of this partnership is expected to be ready for commercial commercialization in 2022.

Petrobras (PETR4; PETR3)

Petrobras (PETR4; PETR3) has informed that it has completed the sale of its entire stake in 12 onshore exploration and production fields, called Polo Remanso, located in the state of Bahia, to Petro Recôncavo (RECV3).

After complying with the previous terms, the process was completed with a payment of US$7.3 million to the state-owned company, with modifications stipulated in the contract. The amount received at closing is added to the $4 million paid to Petrobras upon signing the sales contract.

The company will continue to receive $5 million one year after the end of the transaction, and this amount is corrected based on the terms stipulated in the contract.

Petrobras (PETR4; PETR3) this Wednesday (22) submitted to the National Agency for Petroleum, Natural Gas and Biofuels (ANP) a review of the Integrated Development Plan (PD) for the joint Tubi deposit and Iracema region.

In this review, the Tupi Consortium proposes new investments to increase production, thus maximizing value generation in the field in the long run.

In addition, Petrobras (PETR4; PETR3) reports that its board of directors has approved an allocation of R$270 million that will be used throughout 2022 in the social program to access cooking gas cylinders (LPG) for families in vulnerable situations. .

This amount is complementary to the R$30 million allocated in 2021, totaling R$300 million by the end of 2022.

Gerdau (GGBR4), Gerdau Metallurgy (GOAU4) and Eletrobras (ELET3;ELET6)

Gerdau (GGBR4) reported that the company, Metalúrgica Gerdau (GOAU4) and Seiva received losses of R$1.062 billion with a loan from Eletrobras (ELET3; ELET6).

The suit is filed with the 14th Civil Court of the Judicial District of Rio de Janeiro.

The companies were authorized, on 10/18/2021, to collect the amount of 422 million Brazilian riyals, which Eletrobras itself considered “non-controversial”, on October 29, 2021;

On 10/28/2021, the companies submitted a guarantee insurance in the amount of 1.049 billion Brazilian riyals, after the judicial authority accepted it and withdrew the judicial deposit with an equivalent value on 11/30/2021.

American (AMER3)

Americanas (AMER3) has agreed to distribute the interest as a bonus on equity (JCP), in proportion to its participation in the capital, in the aggregate amount of R$550.6 million, which represents a total amount of R$0.61303854 per common share. .

The company also agreed to increase the capital to a maximum of 468 million Brazilian riyals.

(with Estadão, Bloomberg and Agência Brasil)

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