The Brazilian ADR Index closed up 0.7% in line with the positive session in New York
1 min readWith the closure of B3 this Tuesday (15), due to the declaration of the Republic holiday, the attention of Brazilian investors has turned to ADR (American depository receipts), receipts for shares of Brazilian companies traded on US stock exchanges.
Coinciding with the rise of markets on Wall Street, the Dow Jones Brazil Titans 20 ADR index, which aggregates the main Brazilian companies listed in B3 with receipts of shares traded in the United States, closed up 0.70% at 17,261 points.
ADR is closed in New York
Among the major Brazilian ADR valuations, the highlight was Embraer (ERJ), up 5.34%, following the company BNDES Billionaire Credit Confirmation For aircraft production and export, in addition to recovering part of the losses after Disclosure of the balance sheetIn confusion.
Also in the aviation sector, the ADR for Azul (AZUL) and Gol (GOL) rose, respectively, by 0.25% and 0.30%, after a more positive opening.
Among the big companies, Petrobras PBR and PBR.A ADR shares rose by 0.59% and 0.76%.
Valley Revenue (VALE) increased 0.64%.
In the biggest declines were TelefĂ´nica (TEF), down -2.13%, and Eletrobras (EBR), down -0.71%.
Also negative for banks, with Santander Brasil (BSBR), -0.56%, and Bradesco (BBD), -0.35%.
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