Ibovespa records drop amid increase in future interest rates

Ibovespa records drop amid increase in future interest rates
The Brazilian stock exchange index fell 0.37%, to 130,730 points. The result ended close to the low of the last trading session, of 130,693 points.

The situation occurred in light of the rise in future interest rates, as well as the fall in Vale and Petrobras shares.

The biggest rises of the day were with Recrusul and BRB shares, with jumps of 13.37% and 11.62%, respectively.

The biggest losses were due to the shares of Paranapanema, 13.33%; and Hercules, 9.61%.

The total volume traded on B3 reached R$17.2 billion.

By Brasil 61

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