benchmark
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Assets of Kimberly-Clark in Brazil for sale
... In Europe, which serves as a benchmark for businesses in the Brazilian market, prices remained above $1,000 per tonne, reaching $1,240 per tonne last week, according to Fastmarkets Foex ...
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Capital market outpaces savings in real estate financing
... Pontual explains.Romero Albuquerque of Bradesco identifies another positive market influence, the decline in the Selic, Brazils benchmark interest rate: "A cycle of lower interest rates directly affect financial investments, prompting clients, particularly those with an investor ...
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New rule spurs race for tax-exempt bonds
... difference between the rates paid for the bonds and the yields of the equivalent National Treasury Notes Series B (NTN-Bs), which are the benchmark in this market. Overall, the drop was between 0.3 and 0.8 percentage points. The average rate on an Eletrobras debenture (ELET14), for example, ...
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Retail, shopping malls poised for pivotal week
... Big retail companies, malls and small shopkeepers believe they must reach an agreement that will serve as a benchmark for companies and generally prevent retailers from going bankrupt. The past week, though, saw more disagreements than consensus ... The Retail ...
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Loss of confidence impacting M&A activity
... In the power sector, asset manager Actis also halted the sale of renewable generator Echoenergia ... "The market can't benchmark values and growth potential, which heavily affects the buyer's willingness," says the director of an investment bank. "The highly volatile exchange ...
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American IPOs prompt renewed activity in Brazilian equities market
... In the year, Brazilian equities are still down 18.9%. The recent rise made companies planning to go public get a better pricing benchmark, considering multiples of already-listed competitors in the sector ... In the meantime, the average market projection for the Brazilian GDP went to ...
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BRF tries to win investors back after stock-market plunge
... On the contrary. So far this year, the company's stock is among the ones with worst declines within benchmark index Ibovespa, with higher devaluation than companies hit the hardest by the covid-19 crisis, such as airline Gol ... Since January, BRF's stock ...
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Brazil inches closer to zero deficit as tax collection increases
... Brazils benchmark inflation index is expected to slow down to around 6% next year from 10% now.This fiscal tightening policy and higher interest rates to fight ...
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Market has another tense day with fiscal uncertainties
... , on the 10th.On the occasion, he said that the social policy should be put ahead of issues of interest to the market - which caused the benchmark stock index Ibovespa to fall 2.58% that day. "What is the spending cap? If it was to discuss that we are not going to pay the amount of interest to ...
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Commodity stocks regain space in asset managers’ portfolios
... The responses showed caution, indicating limited appreciation potential for benchmark stock index Ibovespa, a low propensity to increase risks, and a preference for less local-dependent or defensive industries, such as ...
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Central Bank broadens monetary policy horizons
... The horizon has advanced because monetary policy moves take time to be felt. Any hike in the Selic, Brazils benchmark interest rate, has its maximum effect on inflation two years later. In other words, the September move predominantly defines inflation in 2023. But ...
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Bonds gain ground as risk aversion rises
... The CDI (interbank short-term rate) is up 2.05%. Brazils benchmark stock index Ibovespa, on the other hand, fell 7.49 % in February and 4.38% year to date. The small-cap index, which includes stocks with lower market ...
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Risk assets post fourth month of gains
... Some uncertainties remain, but asset and wealth managers have taken tactical advantage of the decompression.During the month, Brazils benchmark stock index Ibovespa almost reached 123,000 points, but could not hold on and closed July up 3.26%, at 121,943 points. The foreign exchange rate ...
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Earnings season likely to show recovery
... start releasing second-quarter results on Tuesday, with Neoenergia and Indstrias Romi.Earnings per share of companies that make up Brazils benchmark stock index Ibovespa will grow on average 255% compared with the second quarter of last year, a period in which the economy was hard-hit by the ...
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Petrobras profits more than international peers
... The average Brent barrel, a global benchmark, more than doubled compared to the second quarter of 2020, peak of the global demand contraction during the pandemic. Between April and June this ...
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Foodtech raises $100m for 'plant-based chicken'
... clay that allows for several uses, from breaded and fried product to a chicken breast dish.The ambition of Next Gen Foods is to become the benchmark in plant-based chicken meat for restaurants and consumers, just as U.S.-based startups Impossible Foods and Beyond Meat were to the plant-based ...
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Petrobras, BB shares plunge after change in rule for state-owned companies
... target of R$34.6 for common shares and R$31.4 for preferred shares.Despite the largely negative movement in state-owned stocks, Brazils benchmark stock index Ibovespa found room to erase an almost 2% drop built early in the trading session and end up 0.20%, at 103,745 points, a move seen by ...
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Over 60% up for the year, Petrobras shores up stock market
... However, it remains unclear whether the movement is sustainable and will be enough to reverse a difficult year. Ibovespa, Brazils benchmark stock index, rose 3.1% from January to October thanks to a strong bearish wave in Petrobras shares. Discounting Petrobras shares, which soared 64% ...
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The credit revolution
... guarantee will encourage them to keep investing in this market - it should be noted that if the Selic, the economy's interest-rate benchmark, really does not return to the previously high levels of recent times, after falling to a historical low, such business-issued securities like ...
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Investors see potential in Eletrobras
... longer as the controlling shareholder.Eletrobrass common shares rose 9.1%, and the class B preferred stock (PNB) rose almost 14%, while the benchmark stock index Ibovespa fell 5.89%. With a market capitalization of just over R$100 billion, it is among the ten biggest companies on the exchange B3s ...
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How Carrefour discovered flaws in Big’s R$2bn provision
... fact released Tuesday night.In a new notice of material fact released Wednesday after shares fell 3.6% - the biggest decline in the benchmark stock index Ibovespa in the last trading session - Carrefours management team said that accounting adjustments related to differences in value had ...
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Utilities stocks fall as fiscal risk puts pressure on long-term rates
... Therefore, the benchmark for the yield of these shares is government bonds. "In times of greater risk aversion, such as now, the electric sector is falling. And it makes ...
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Pandemic clouds economic scenario
... Last week, the Central Bank increased interest rates by 75 basis points, taking the Selic, the country's benchmark interest rate, to 2.75% per year from 2%, more than the 50 bp expected by most analysts. With the risk of loss of control over inflation expectations ...
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War threatens gas, 'cheap energy' supply in Brazil
... The price dynamic is a little different, it may include, for example, an indexation to the Henry Hub [U.S. benchmark price], which is more stable than spot prices in the European market," he said.Mr. Anjos also mentions that the domestic market unlike the ...
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Investors look abroad amid doubts about fiscal policy
... ] because of higher interest rates."For those who prefer to bet on the Ibovespa ETF, the specialist said the current level - Brazils benchmark stock index is just below 110,000 points - is a good entry point, but that in this case investors must lengthen their investment horizon. "There will ...