Ibovespa closes at 141,000 points for the first time in history

The Ibovespa ended trading this Friday (4) up 0.24%, at 141,263 points, renewing its nominal closing high. This is the first time in history that the main index of the Brazilian Stock Exchange closes above 141 thousand points. During the week, the index rose 3.21%.

The session was marked by low liquidity due to the closure of the American market due to the Independence Day holiday. According to B3, the volume traded was R$9.30 billion.

The commercial dollar rose 0.36% and ended the session quoted at R$5.424 for sale. The currency reached R$5.426 at the highest trading level and R$5.403 at the lowest. This Thursday (3), the American currency reached R$5.40, the lowest value recorded in over a year.

On the domestic front, investors welcomed with optimism the decision by Minister Alexandre de Moraes, of the Federal Supreme Court (STF), to call a conciliation hearing between the government and Congress to discuss the impasse over the increase in the Tax on Financial Transactions (IOF).

Furthermore, the minister suspended all government decrees regarding the IOF and the cancellation of the tax increase approved by parliamentarians.

With the possibility of mediation, both President Luiz Inácio Lula da Silva (PT) and the President of the Chamber, Hugo Motta (Republicanos-PB), calmed the situation and adopted a more conciliatory tone.