Ibovespa closes stable at 127 thousand points

Ibovespa closes stable at 127 thousand points
The Brazilian stock exchange closed Monday (11) with a slight increase of 0.03% at 127,873 points. Without major fluctuations during the trading session, the index has been influenced by expectations regarding the announcement of public spending cuts by the government, with no date or values ​​yet announced.

In shares, the day was not favorable for the mining company Vale, which closed the day with a sharp drop of 3.27%, suffering its second consecutive decline. A drop was also recorded at retailers Magazine Luiza, with losses of 2.05%, and Lojas Renner, falling 1.36%. Petrobras rose timidly — up 0.19%. The balance of the index was due to Embraer, which increased by 3.46%.

Data from the Brazilian stock exchange can be consulted on the B3 website.

By Brasil 61

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