Ibovespa starts with a significant decrease influenced by commodities and banks.

View the summary of news.

• Ibovespa experienced a sharp decline on Wednesday, with losses increasing due to risk avoidance in the market.
• The index, at 169.665 points, was down 1.37% due to declines in commodity, banking, and retail shares.
• Companies such as Vale, Petrobras, and smaller oil companies experienced notable declines.
• Major banks like Banco do Brasil, Bradesco, Itaú Unibanco, and Santander experienced significant losses.
• The retail industry, including Luiza Magazine and Renner Stores, also showed a significant decline.
• B3, Embraer, Assaí, GPA, Minerva, and Marfrig began the day with losses.
• In the morning session, Braskem and Blue saw significant increases in the contramon market.

Ibovespa started the trading day on Wednesday with a decline and further deepened losses shortly after the market opened, showing a widespread trend of risk aversion across major sectors of the Stock Exchange.

After auctions, the primary B3 index decreased by 1.37% to reach 169,665 points, primarily influenced by commodity, banking, and retail stocks.

Petrobras, Vale, and oil companies impact the index.

Vale’s actions started the session with a decrease of 0.89%, trading at R$ 77.19.

Petrobras began the day with a decline, showing decreases of 0.50% for PETR3 and 0.66% for PETR4.

Among independent oil companies, PRIO’s shares decrease by 1.34%, PetroReconcavo’s decrease by 1.10%, and Brava Energia’s decrease by 2.07%.

Banks and retailers increase market competition.

The major banks are experiencing significant losses at the beginning of trading. Banco do Brasil is down by 1.21%, Bradesco has dropped by 1.33%, Itaú Unibanco is experiencing a loss of 1.34%, and Santander has retreated by 1.23%.

In the retail sector, there is a significant overall decrease in stock values. Magazine Luiza’s shares drop by 1.92%, Stores Renner experiences a loss of 1.63%, Vivara sees a decline of 1.97%, C&A’s stock falls by 1.58%, Azzas 2154’s shares decrease by 1.45%, and Auren/AUAU3’s stock retreats by 1.23%.

Other notable points from the session

B3 (B3SA3) starts the trading session down by 1.86%, whereas Embraer is down by 1.12%.

Assaí experiences a decrease of 1.49% and GPA sees a drop of 1.73% in the supermarket industry.

Refrigerators also began the day with Minerva dropping by 2.96% and Marfrig declining by 1.33%.

Braskem (BRKM5) increases by 1.42% to R$ 6.45, and Blue goes up by 0.39%.

Hapvida’s stock drops by 1.47%, while Axia Energia’s shares decline by 1.16%.

The Small Caps Index (SMLL) started the day down by 0.08%, in line with the overall negative sentiment in the Brazilian Stock Exchange.

• Actions
• Economic situation
• Market
• Actions
• AXIA energy
• Blue color
• B3SA3
• Financial institutions
• Braskem
• Commodities trading
• Embraer
• Grade point average
• Hapvida
• Ibovespa index
• Marfrig
• Minerva
• Petrobras
• Pride
• Odor
• Valley
• Retail industry