Tuesday, August 4, 2015

Bovespa closed down, with Bradesco fall after buying HSBC – Globo.com

The Stock Exchange of São Paulo (Bovespa) closed down on Monday (3), driven by the actions of Petrobras and Bradesco, which announced the purchase of HSBC Brazil.

The Ibovespa, the main index of the stock exchange shares fell 1.43%, to 50,138 points. See the quotation. In the year, the stock accumulates slight increase of 0.26%.

Near the close, the Bradesco preferred shares fell around 3% and the ordinary, close to 1% after the bank announced the purchase the Brazilian unit of HSBC for US $ 17.6 billion, above the initially speculated by the market. The operation can be completed by June next year.

Itaú Unibanco also retreated after the news, but the Bank of Brazil progressed. Santander, which was also excluded from the first preview of the new Ibovespa portfolio, went up.

The Petrobras papers retreated close to 5%, especially among the main casualties of the day as oil prices oscillated close minimum of six months. The market is also expecting the balance sheet of the company, scheduled for the next day 6.

Bovespa in recent days
See the variation in the closing score.
elaborate graphic on 08/03/2015

The trading session also included the first preview of the Ibovespa portfolio which will run from September to December 2015, which included the action of pharmacies Raia Drogasil network while left out the roles of developer Gafisa, the bus body manufacturer Marcopolo and units of Banco Santander Brazil.

The market has rebounded new phase of the operation Lava jet, which included arrest of the former minister of Staff José Dirceu.

The Marco analyst Aurelio Barbosa, CM Capital Markets, said in a statement that August begins under the sign of economic and political crisis, which can keep the defensive stock. For him, among the main factors are risks of impeachment, sovereign rating cut threat, uncertainty of when it will start rising US interest rates and slowing Chinese growth, according to Reuters.

Falling oil
Oil fell for a minimum of six months on Monday, with Brent retreating below $ 50 US dollars, due to weak data on the economies of the US and China and lower consumption of betting gasoline in the US summer.

The evidence of excess supply and increasing the stock market collapse in China, the biggest consumer of global energy, have weighed on oil in recent weeks , bringing the price of oil in the US record in July, the largest monthly decline since the financial crisis of 2008, according to Reuters.

The Brent oil closed in down $ 2.69 or 5.15 %, to US $ 49.52 a barrel, the lowest level since January 30. The US oil fell $ 1.95, or 4.14%, closing at US $ 45.17 per barrel.

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