Ibovespa: Wednesday (2) closes up 0.77%

Wednesday (2) saw an increase of 0.77% in the Ibovespa at 133,514 thousand points. The positive result, according to experts, was influenced by the publication of Brazil’s credit rating at the risk agency Moody’s. Increasing the country’s rating can boost the chances of attracting foreign investment, as it improves our credibility in the foreign market. The higher the score, the safer the country is in honoring its debts.

With iron ore rising, Vale rose by 0.55% and Petrobras rose by 1.38%.

The total volume traded on the stock exchange was R$21.42 billion.

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