Ibovespa rises, bankruptcy 111 thousand points, VALE3, PETR4 and MGLU3; dollar falls, next R$ 5 Bolsa Ao Vivo

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Another day of optimism takes hold of the Ibovespa on the last day of the week. The Stock Market rises 1.01%, to 111,168.73 points, establishing positive ground in 2023, with help from abroad, which echoes the negotiation that is getting closer to a final agreement on the US debt ceiling. Around here, shares of Vale (VALE3) rise strongly, after the ore rise of iron. Shares of Petrobras (PETR4), major banks, airlines, steel companies and retailers are also up. Similar to yesterday’s session open, no sector is down today, despite some retailers and slaughterhouses showing a slight pullback. The commercial dollar falls to R$ 5.00 and future interest rates (DIs) fluctuate, rising in the short term and falling in the medium/long term. In the US, the market still has an effect on the PCE, which increased 0.4% in April compared to March and 4.7% compared to April 2022. Consequently, the market changed its estimates and now forecasts a 0.25 bp hike at the next Fed meeting, according to CME projections. (Philip Alves)