Ibovespa Edges Lower on Tuesday


‘,
buttonPrevHTML: ”,
};

function adaptBreadcrumbs() {
let breadcrumbs = document.querySelectorAll(‘#header-breadcrumbs’);

for(i = 0; i < breadcrumbs.length; i++) {
let title = breadcrumbs[i].querySelector(‘.breadcrumbs-title’);
let btns = breadcrumbs[i].querySelector(‘.btn-container:last-child’);

if(btns && btns.children && btns.children.length) {
if(parseInt(title.getBoundingClientRect().top + title.getBoundingClientRect().height / 2) == parseInt(btns.getBoundingClientRect().top + btns.getBoundingClientRect().height / 2)) {
title.style=”flex-grow:1;”;
} else {
title.style=”flex-grow:0;”;
}
} else {
title.style=”flex-grow:1;”;
}

}
}

window.addEventListener(‘resize’, adaptBreadcrumbs);
document.addEventListener(‘DOMContentLoaded’, adaptBreadcrumbs);

The Ibovespa index slipped by 0.1% to end the day at 141,683 points on Tuesday. This decline followed a resurgence of global risk aversion due to renewed trade tensions between the US and China, involving retaliatory port fees and China’s sanctions on US-associated divisions of South Korea’s Hanwha Ocean, which have disrupted shipping costs. Key players in the market such as WEG, Santander, and B3 suffered losses ranging from 1.2% to 1.5%, while Marfrig, Hapvida, and Natura saw sharper declines, falling 3.7%, 2.7%, and 2.7% respectively. On a brighter note, Embraer saw an increase of 4.9%, following TrueNoord’s substantial $1.8 billion order for 20 E195-E2 jets. On the domestic front, the government’s inability to push forward with an IOF/tax initiative has compelled the Finance Ministry to explore alternative budget solutions, rekindling investor worries over fiscal stability and policy credibility, ultimately adding more risk to the market’s underlying performance.




Source link

Scroll to Top