November 23, 2024

In the first week of Lula’s government, the stock exchange and the dollar were closed

2 min read
In the first week of Lula’s government, the stock exchange and the dollar were closed

In the first week of the third term of the President of the Republic Luiz Inacio Lula da Silva (PT), and ibovespa It decreased by 0.70%, to close Friday (6. January 2023) at 108,963 points. This is the The main index for B 3 (Sao Paulo Stock Exchange).

There was an increase of 1.23% compared to Thursday (5. Jan). In the morning, Batista made letter Consider it a moderate market when it says that the government “need to” Congress.

The president also said that the economy can Growing responsibly. B3 reacted positively to Lola’s speech.

The good mood of the Brazilian market was also taken into account Dice From posts released on Friday (Jan 6th) by US Department of Labor (US Department of Labor). According to the US government, 223,000 jobs were created in December.

New York stock markets also closed higher than the previous day. The Dow Jones rose 2.13% to 33,630 points, while the S&P 500 ended at a record high. 2.28% (3895 points).

dollar

The real value fell amidst the initial noise of Lola management. After that, it gained momentum and ended the week higher against the dollar: the greenback closed Friday (January 6) at R$5.23, down 0.83%.

foreign capital

Foreign investors withdrew R$20 million from the stock exchange this month as of Wednesday (4.Jan), the latest data available. The data takes into account primary offers (IPO) and secondary offers (follow-ups).

Brazil risks

Used to measure confidence in the economy, Country Risk scored 253 on Friday (January 6). One year ago (Jan 6, 2022), it recorded 209.

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