© Reuters. São Paulo Stock Exchange 03/09/2021 REUTERS / Amanda Perobelli
By Paula Arend Laier
SAO PAULO (Reuters) – The downturn on Friday, with Vale among the biggest downward pressures, amid falling oil prices in China, as well as Luiza magazine, which lost more than 2% the day before.
At 11:02 a.m., the Ibovespa fell 0.48% to 125,542.74 points. The financial volume amounted to 3,488 million reais. With this behavior, the Ibovespa accumulates an increase of 0.3% during the week.
On Wall Street, the advance was 0.39%, with technology stocks and positive repercussions on Twitter and Snap (NYSE 🙂 results, with data on the activity of the U.S. economy on radar as well.
In Brazil, the balance sheet calendar for the second quarter of Ibovespa companies opens this Friday, with Hypera Pharma (SA :), which will gain strength in the coming weeks.
“Favorable commodity prices, a weak comparison base compared to the previous year and a reopening of the economy should lead to solid operating results for most companies,” the team expects. Santander Brasil (SA 🙂
In consolidated terms, they calculate an increase of 180% in net profit, 91% in Ebitda and 52% in net income, according to the report signed by strategist Ricardo Peretti.
“Global cyclicals (commodity producers, especially Vale) should once again contribute to this robust annual growth, in our view.” Excluding them, Ebitda is expected to grow 12% compared to the previous year.
– THE MAGAZINE LUIZA ON (SA 🙂 fell 2.19% to 22.74 reais, after setting on Thursday a main offer of shares at 22.75 reais each, which represents an effective capital increase of about 4 billion reais. In the sector, AMERICANAS ON lost 2.17% and VIA VAREJO ON (SA 🙂 gave 0.91%.
– COSAN ON (SA 🙂 withdrew 2.02%, amid a corrective move, after renewing the previous day’s all-time highs.
– BRASKEM PNA (SA 🙂 lost 1.62% on sales and production data in the second quarter. The previous day, petrochemicals said resin sales in Brazil fell 17% compared to the first quarter of this year, while those for major chemicals fell 10%.
– PETROBRAS PN (SA 🙂 increased 0.19%, despite weak prices. The company reported on Thursday that its oil production in Brazil amounted to 2.226 million barrels per day (bpd) in the second quarter, 0.8% less than the previous year.
– HYPERA PHARMA ON appreciated by 1.80%, before the balance of the second quarter after closing. Analysts of Swiss credit (SIS 🙂 expected pharmacies to continue selling the company’s products to pharmacies to consumers above the retail market and optimizing business spending.
– VALE ON (SA 🙂 lost 0.92%, amid a further decline in iron ore marketed in Dalian, China, which accumulated the largest weekly drop in 17 months on Friday. However, in the mining and steel sector, USIMINAS PNA (SA 🙂 advanced 1.96%.
– ITAÚ UNIBANCO PN (SA 🙂 increased 0.14%, while BRADESCO PN (SA 🙂 gave 0.62%, in a session without a single sign for bank shares.