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
Day: May 5, 2020
Export of Ore from Brazil grows 28% in volume in April
Brazilian exports of iron ore and concentrates grew 28% in April, compared to the same month last year, totalling 24 million tons, pointed out data released on Monday by the Secretariat of Foreign Trade. The price of ore, in turn, grew 10.7% in April, compared to the same period in 2019, to $ 67.2 per ton.
Source: Money Times
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
Sale of new vehicles falls 76% in April, says Fenabrave
Licenses for cars, light commercial vehicles, trucks and new buses in Brazil fell about 76% in April over the same month of 2019, to 55,700 units, Fenabrave, an association representing dealers, said on Monday. In comparison with March, the decrease was 66%, said the entity.
Source: Reuters
Soy exports from Brazil reaches a record 16.3 million tons in April
Soy exports from Brazil reached a monthly record of 16.3 million tons in April, compared to 9.4 million tons in the same month last year, according to data from the daily average of shipments published on Monday (4 ) by the Foreign Trade Secretariat (Secex).
Source: G1 Agro
