How was the first week after Lula’s election?

The greenback closed the week at R $5.061. From the shut of the earlier week, the final one earlier than the elections, the decline was 4.5%. The inventory market closed the week at 118,300 factors – a rise of three.28% from final Friday.

The reality is that the cash and the actual appreciation of the world on Monday (31), in response to Bloomberg. In October, the foreign money collected a fall of 4.24%, and the Ibovespa elevated by 5.45%. “The market acquired the election outcomes nicely, primarily due to Lula’s method to the heart”, stated Felipe Izac, associate and head of overseas alternate at Nexgen Capital, in Goiânia.

In addition, the undeniable fact that the transition of the authorities is beginning in peace, and Bolsonaro accepted the results of the elections, regardless of the street blocks, the market calmed down – it began to concentrate as much as three remaining models have now been launched. .

See which shares rose and fell the most this week:

Top 10:

  1. CSN Mineração (CMIN3) 11.82%
  2. Usiminas (USIM5) 10.93%
  3. Cosan (CSAN3) 10.91%
  4. Companhia Siderúrgica Nacional (CSNA3) 10.67%
  5. 3R Petroleum (RRRP3) 10.34%
  6. Root (ROOT4) 10.02%
  7. Copel (CPLE6) 8.65%
  8. Magazine Luiza (MGLU3) 8.05%
  9. Dexco (DXCO3) 7.84%
  10. Marfrig (MRFG3) 7.76%

Ten killed:

  1. Espadrilles (ALPA4) -13.98%
  2. Website (LWSA3) -7.78%
  3. Education (RAIL3) -7.59%
  4. Long Sugar (PCAR3) -6.80%
  5. Toa Renner (LREN3) -5.57%
  6. Hyper (HYPE3) -5.33%
  7. Cielo (CIEL3) -5.21%
  8. Petrobras (PETR4) -5.07%
  9. Petrobras (PETR3) -4.66%
  10. Natural Group (NTCO3) -4.01

Source: Economatica from 10/31 to 11/4.

What could be the affect of Lula’s authorities program? At first, the market tried to benefit from Lula’s election, shopping for shares that would improve in worth throughout his authorities, suggesting extra investments in training, reasonably priced housing and an financial coverage that favors consumption, in response to Ariane Benedito, a personal citizen. economist. , specialist in capital markets.

In this sense, in the first place, works like Magazine Luíza and Americanas, along with Cogna and Yduqs (YDUQ3), had been efficient.

By Petrobras? State corporations went down. This occurred to Petrobras. On Monday, PETR4 shares fell 8.75% to R$29.72, whereas PETR3 reached R$33.10, down 7.49%. But third-quarter outcomes – along with the announcement of one other dividend lower – returned to draw traders to it and different oil corporations. But it was not sufficient to depart the funds on good phrases throughout the week.

Petrobras recorded internet revenue of R$ 46.09 billion in the third quarter, up 48% on the identical interval final yr and above market expectations. The state-owned firm, by way of its Board of Directors, accredited one other fee of dividends to its shareholders in the quantity of R$3.3489 per most popular and customary share. In whole, R $ 43.7 billion shall be distributed till January. This cost is the topic of protests and lawsuits. Read extra right here.

The merchandise that drove the jobs: Another cause for the efficiency of the shares throughout the week is the announcement and the anticipated and the stability price range for the third quarter has not but been launched. Cielo, for instance, has been up all yr, however now it is down. The undeniable fact that the firm stated that the whole gross sales (TVP) made by Cielo machines and different gear elevated by solely 0.1% in comparison with April, May and June this yr, which reveals the sluggish progress of the firm.

How does globalization have an effect on export and tourism corporations? In massive will increase, corporations buying and selling – or primary merchandise, corresponding to agricultural merchandise and ores – stand out. The cause is the cooling of the covid-zero coverage in China and the restoration of the economic system.

The state of affairs in China is considered one of the components which have contributed to the actual appreciation. With the prospect of exporting extra primary merchandise, the vitality is powerful. Therefore, many actions had been supported by the greenback, largely associated to the aviation and tourism sector, corresponding to CVC (CVCB3). And from corporations that export or obtain {dollars}, corresponding to Marfrig.

How was the greenback? Apart from the political agenda, different points had been additionally associated to cash. Unemployment knowledge in the United States and a rise in rates of interest from the US central financial institution, the Fed, modified the greenback, along with the information about the vaccine in China.

On Wednesday (2), the Federal Reserve (Fed, the central financial institution of the United States), elevated charges in the United States by 0.75 share factors, to a spread between 3.75% and 4 %. It was the fourth consecutive improve. Historically, when rates of interest rise in the United States, the greenback rises. The undeniable fact that it was a vacation helped cut back the affect of rates of interest on the actual, however however, the greenback closed the subsequent day, Thursday, at 0.141%.

But why did not the greenback rise considerably after the rate of interest hike? The situation is unemployment knowledge in the United States. The US Labor Department reported that the unemployment price rose to three.7%, leaving greater than 6 million unemployed.

The knowledge present that the coverage of excessive rates of interest has had the impact of controlling inflation: with much less work, folks purchase much less, and costs fall. Read extra about the greenback right here.

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