Ibovespa remains close to its maximum with Petrobras and the prospect of a drop in interest rates in the US By Reuters

by time news

2023-12-15 17:27:10

© Reuters.

SÃO PAULO (Reuters) – The price remained close to the highs this Friday, supported by the more risk-friendly environment abroad given the prospect of a drop in interest rates in the United States at the beginning of next year. Petrobras (BVMF:) also boosted the index, advancing more than 1%.

The last trading session of the week at B3 (BVMF:) is still marked by the expiration of stock options.

At 11:24, the Ibovespa rose 0.16%, to 131,056.44 points, close to the intraday record reached the day before of 131,259.81 points, which had surpassed the previous maximum of June 7, 2021 (131,190.30 points) .

Business was still gaining momentum with expectations about the approval of tax reform later this year. Earlier, the president of the Chamber of Deputies, Arthur Lira (PP-AL), said that the House is talking to the Senate to try to enact the constitutional reform amendment in 2023 and added a request for deputies to maintain the achievements of the text to be voted on later.

Petrobras advanced 1.6%, to 37.92 reais, the second biggest increase in the Ibovespa. In London, the commodity rose 0.4%, to $76.93 per barrel, while in New York the commodity was traded up 0.31%, to $71.80.

At the other end, Casas Bahia fell 8.2%, to 11.47 reais on the first day after a 25:1 reverse split of its shares

(By Alberto Alergi Jr.)

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