What to Expect for the Stock Exchange in Brazil This Wednesday By Investing.com – The Catholic Transcript

Posted: November 11, 2021 at 6:11 pm

Reuters.

By Anna Beatriz Bartolo

Investing.com Inflation is back on investors radar, with data released in Brazil and the United States. At 9:34 am, it is down 0.22%, while it is rising 0.30% to R$5.5160.

In the US, futures were down 0.16%, while 100, 0.46% and 0.26% were down, respectively. Country application numbers will be released today due to the Veterans Day holiday on Thursday.

On Tuesday, Brazil recorded 183 new deaths from the Covid-19 virus, bringing the total number of victims of the deadly disease in the country to 609,756, the Ministry of Health reported. 10,948 new cases of infection. Corona VirusThe volume added that the total number of confirmed infections in the country rose to 2,1897.025.

In the second round, the Chamber of Deputies approved, by 323 votes in favor and 172 against, the PEC dos Precatrios, which authorizes the government to pay installments for judicial debts and change the spending cap rule. If the measure is also approved in the Senate, it will make room in the budget for Bolsonaros government to spend nearly R$100 billion next year.

One of the main changes that the text brings is setting an annual limit for court orders, taking into account the amount paid in 2016 as well as the adjustment for inflation, which totals R$44 billion in 2022. Another important change is the revision of the spending cap rule that will now use the period Between January and December to limit budget adjustments, when previous forecasts between July and June were used.

But MPs opposed the amendment that made the golden rule more flexible, which prevents the government from entering into debt to pay off recurring debts, such as employee salaries. Today, the government needs congressional approval to break this rule, but the executives suggestion was that this was already foreseen in the annual budget.

HICP In the economic sphere, the Expanded National Consumer Price Index (IPCA) rose 1.25% in October, after rising by 1.16% the previous month, according to the Brazilian Institute of Geography and Statistics (IBGE). This is the highest score for the month in 20 years. In the 12 months to October, the IPCA is up 10.67%. In September, the index was 10.25%.

5G Auction The companies that won the 26GHz stakes in the 5G auction entered into an agreement this Tuesday, 09,. According to the National Telecommunications Agency (Anatel), which mediated the negotiations, the changes serve to provide a more technically efficient arrangement of services.

Jair Bolsonaro meeting with Senator Luis Carlos Haynes (PP/RS), Vice President of the Senate Peoples Party; Meeting with Pedro Cesar Souza, Deputy Head of Legal Affairs at the General Secretariat of the Presidency of the Republic. Seriously consolidate the framework for the regulation of illegal work.

Paulo Geddes There are currently no scheduled appointments.

Campos Neto Participate in the Climate Risk Disclosure Private Sector Commissioning event, promoted by the Climate Disclosure Standards Council at COP26; Participates in the opening event Program Learning Value ENEF Week; Lunch with Pedro Duarte Guimares, President of Caixa Econmica Federal.

Iguatemi (SA Mall operator Iguatemi generated R$57.9 million in the third quarter of 2021.

Braskem (SA Braskem reversed a loss of R$1.413 billion in the third quarter of 2020 with a loss of R$3.537 billion in the third quarter of 2021. Compared to the second quarter of 2021, there was a decrease of 52%.

Santos Brazil (SA Santos Brasil Participaes (SA:) recorded R$66.6 million in the third quarter of 2021, reversing a loss of R$5.45 million in the same period in 2020.

Locate (SA Localisa registered R$671.4 million in the third quarter of this year, an increase of 106.3% over the same period last year.

Raya Drogacil (SA Raya Drogazil reported an adjusted amount of R$173.6 million in the third quarter of 2021, an increase of 0.40% over the same period the previous year.

C&A (SA C&A will pay R$415 million to Bradesco (SA to resume providing financial services and products that the bank had until then explored exclusively in chain stores. C&A will launch C&A Pay next month, a solution that promises a complete digital experience, and is fast and easy for a customer to contract.

Carrefour (SA The value of the Carrefour adjustment amounted to R$621 million in the third quarter of 2021, a decrease of 18% compared to the same period last year. Adjusted Ebitda, in turn, was R$1.4 billion, an increase of 10.9% over the previous 12 months. The groups total sales amounted to R$20.7 billion, an increase of 7.7%.

itash Ita Unibanco (SA will allow mortgage customers to skip up to two loan installments every 12 months. The new service, called Pula Parcela, will be available to customers who already have financing and updated in installments, as well as for new contracts. The amount of deferred premiums, plus interest and fees, will be mitigated in others.

Betz (SA Petz, which is expected to be priced November 18. Given the closing price of R$20.83 per share on Tuesday, the total value of the follow-up could reach R$854 million.

MRV (SA MRV . has grown

Ethernet (SA Net income grew 143.5% in Q321 year-over-year, to R$98 million. Net revenue increased by 37.2% to R$ 275.9 million.

cell phone (to me:) Mobly reported R$25.7 million in Q321, reflecting a profit of R$1.9 million in the same period in 2020. Ebitda was negative R$9.6 million, exacerbated by 35.2% compared to the negative result of R$7.1 million in same period. year 2020.

Volcapras (SA Vulcabras reported income of R$126.5 million in Q321, an increase of 191.5% over Q3 of 2020 and the highest result in history for this quarter. Ebitda was valued at R$138.9 million, an increase of 109.8%.

Taurus (SA:) Taurus achieved a 63% increase in the third quarter of 21 compared to the previous year, valued at R$166.4 million.

Petrobras (SA According to Valor Econmico, executive director of reservoirs at the state-owned company, Tiago Homem, he advocated that alternating water and gas injection into pre-salt fields could increase the recoverable volume of water in some fields by 25% to 30%, when compared to water injection Only in these cabinets.

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What to Expect for the Stock Exchange in Brazil This Wednesday By Investing.com - The Catholic Transcript

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