Foreign investor takes $ 7.93 mm in April on the Brazilian stock exchange

Foreign investors entered liquidly with R$ 695.9 million ($ 127 million) from the secondary segment of B3 on April 29. Individual investors withdrew R$ 1.01 billion ($ 185 million) on the same day and institutional investors entered with R$ 368 million ($ 67 million). In the month, the balance of foreign investors was negative by R$ 4.36 billion ($ 7.93 million). In the year, the output totals R$ 68.69 billion ($ 12.5 billion).

Source: Valor Investe

Itaú’s profit declines 49.3% and reaches $ 619 bn in the first quarter

Banco Itaú reported on Monday (4) that it recorded net accounting profit of R$ 3.401 billion ($ 619 billion) in the first quarter of 2020. The result represents a decrease of 49.3% compared to the same period of the previous year. The bank’s recurring net income, which excludes extraordinary factors in the fiscal quarter, totalled R$ 3,912 billion ($ 712 million), an amount 43.1% below that recorded in the first quarter of 2019.

Source: G1 Economia