Stock market breaks record above 133 thousand points and dollar drops to R$ 4.82

The São Paulo Stock Exchange Index (Ibovespa) surpassed 133 thousand points for the first time in history and ended this Tuesday’s trading session (27) on B3 with 133,532.92 points.

On the first business day of the last week of the year, the index appreciated by 0.59% in relation to last Friday’s result, and accumulates a variation of almost 23% in one year.

The most traded shares in this Tuesday’s session were Vale (VALE3), Petrobras (PETR4) and Itaú (ITUB4). The one that gained the most value was LWSA3, from the company Locaweb.

The spot dollar closed the day at 4.8225 reais on sale, down 0.80%, the lowest level since August 2 of this year, when it was at R$4.80. In December, the US currency accumulated a drop of 1.89%.

The result highlights the financial market’s expectations about the new measures that should be presented to Congress by next Thursday (27) by the Minister of Finance, Fernando Haddad. The objective of the proposals would be to help the government reach zero deficit in 2024.