Ibovespa ends unchanged as Petrobras drags down; dollar decreases

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Ibovespa ended Tuesday’s session with minimal changes, closing at 146,237 points, influenced by Petrobras’ performance and employment data from Brazil and the US.

Opep+ is contemplating boosting commodity supply in November, leading to a drop in oil prices due to coordinated efforts among major national oil producers.

The latest Pnad data shows that the current job vacancy rate is at its lowest historical level, standing at 5.6% until August. This represents a decrease of 0.6 percentage points compared to the previous quarter and 1.0 percentage point compared to the same period in 2024.

A robust job market creates pressure for the Central Bank, as employment levels are a major oversight concern due to the potential inflationary impact and the need for the authority to take steps to address the situation.

New information from the American labor market was provided, offering insights into future US monetary policy based on data from the Jolts report, which showed a higher number of job opportunities in August than anticipated.

Leonardo Santana, an investment specialist and partner at Top Gain analysis firm, commented that the recent data surpassing expectations suggests that the US economy remains strong, potentially delaying any Federal Reserve interest rate cuts.

The White House has a restricted timeframe to authorize a deal in Congress and prevent a possible government shutdown due to insufficient funds. President Donald Trump has indicated that the U.S. government may experience a standstill if lawmakers fail to reach an agreement.

The commercial dollar stayed steady at R $ 5,322, fluctuating between R$ 5,315 and R$ 5,323 throughout the day. The US dollar index, DXY chart, finished with a minor decrease of 0.12% at 97,818 points.

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Minerva (BEEF3) topped the B3 session with a 3.06% increase in stock value, followed by MRV&Co (MRVE3) with a 3.05% rise. Cury Builder (CURY3) and IRB (IRBR3) also ended the session positively, showing gains of 2.46% and 2.32% respectively.

Magazine Luiza (MGLU3) leads the list of top decliners with a significant 9.42% drop, followed by Sugar Loaf Group (PCAR3) with a 9.17% decline. Renner Stores (LREN3) and Usiminas (USIM5) also registered notable falls of 4.51% and 3.64% respectively.

Industry differences

Petrobras’ shares (PETR3; PETR4) dropped by 1.57% and 1.10% in the oil industry, while PetroRio (PRIO3) and PetroReconcavo (RECV3) saw declines of 2.00% and 1.64% respectively.

Vale (VALE3) increased by 0.52%, Gerdau (GGBR4) decreased by 0.89%, Usiminas (USIM5) dropped by 3.64%, and CSN Mining (CMIN3) went up by 0.18% amidst the mining and steel industries.

Itaú (ITUB4) ended the day up by 0.46% in the banking industry, while Banco do Brasil (BBAS3) saw a decrease of 0.14%. Bradesco (BBDC4) and Santander (SANB11) also experienced gains, with increases of 0.58% and 0.17% respectively.

Magazine Luiza’s shares dropped by 9.60%, while Renner Stores fell by 5.00%, Vivara by 1.38%, and C&A by 2.61%.

The primary Wall Street scholarships closed higher today, with the S&P 500 and Nasdaq rising by 0.41% and 0.31%, while the Dow Jones increased by 0.18%.

  • Marketplace
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  • BC Text
  • Brazil
  • goods or products
  • The economy of the United States
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  • The United States of America
  • Ibovespa
  • OPEC
  • Petrobras
  • Petrobras stock with the ticker symbol PETR4
  • oil

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