The Ibovespa, B3’s main stock index (B3SA3), was up 1.19% at the opening, at 113,638 points, at 10:11 am on Monday (12).

At 10:14, the dollar depreciated 0.56%, quoted at R$ 5.118.
On Monday (12), investors digest the new projections of the Focus Bulletin and the positive performance of shares abroad and the price of commodities in the international market.

Stock markets now
Asia (closed)

Nikkei 225 (Japan): +1.16%

Shanghai Composite (China): +0.82% (down on Monday)

DAX 30 (Germany): +1.81%

FTSE 100 (England): +1.43%

CAC 40 (France): +1.42%.

United States: (at 10:16 am, the future indexes operate in positive field, between 0.30% and 0.53%)

Dow Jones:

S&P 500:

Nasdaq 100:
Market movements
Here is the main news from major Brazilian companies, including shareholder notices, market releases, material facts and information from the specialized press:

Cielo (CIEL3) – Cielo entered into an agreement with Meta Platforms, Inc. to provide services, on a non-exclusive basis, for the capture and processing of transactions between individuals and commercial establishments.

Enauta (ENAT3) – The company’s total oil and gas production reached 321.9 thousand barrels of oil equivalent (boe) in August, compared to 268 thousand boe in the previous month, an increase of 20%. The quantity corresponds to a daily average of 10.4 thousand boe.

Iguatemi (IGTI11) – The shopping center operator signed an agreement to buy the remaining 36% stake in Shopping JK Iguatemi for R$ 667 million. Thus, Iguatemi now indirectly owns 100% of Shopping JK Iguatemi.

The group approved a public offer for primary distribution of, initially, 24.716 million units, corresponding to 49.4 million PN shares and 24.716 million ON shares.

The total amount of the restricted offer would be R$500.4 million.

MMX – XP Asset and Banco Modal (MODL11) made an offer of R$ 390 million for the debentures issued by Anglo American and that are part of the bankrupt estate of MMX, of Eike Batista
The two institutions presented the proposal, following the reopening by the Belo Horizonte Justice of the sale process, by means of direct negotiation and no longer by auction.

The proposal surpassed the one made by BTG Pactual, which offered R$ 360 million for the shares. Both proposals were made within the stalking horse model, which gives the right of preference in the purchase.

Petrobras (PETR3)(PETR4) – The state-owned company finished the bookbuilding procedure for the first issue of book-entry commercial notes, without collateral or guarantee, in up to two series, in the total amount of R$ 3 billion.

The operation was approved on August 19 and the final settlement of the operation was scheduled for September 14.

The oil company denied that it is about to close the sale of the Nitrogen Fertilizer Unit III (UFN-III) to Yara Fertilizers and said that the news published by the press on the subject are “untrue”.

Focus Bulletin
The financial market forecast for the National Wide Consumer Price Index (IPCA), considered the country’s official inflation rate, fell from 6.61% to 6.4% this year. This was the 13th consecutive reduction of the projection.

The estimate is included in the Focus Bulletin of this Monday (12), a survey released weekly by the Central Bank (BC), with the expectation of institutions for the main economic indicators.

To reach the inflation target, the Central Bank uses the basic interest rate, the Selic, set at 13.75% per year by the Monetary Policy Committee (Copom), as its main instrument. The rate is at the highest level since January 2017, when it was also at 13.75% per year.

For the financial market, the expectation is that the Selic will end the year at this level. For the end of 2023, the estimate is that the basic rate falls to 11.25% per year.

The financial institutions consulted by the Central Bank raised the projection for the growth of the Brazilian economy this year from 2.26% to 2.39%. For 2023, the expectation for the Gross Domestic Product (GDP) – the sum of all goods and services produced in the country – is a growth of 0.5%.

In 2024 and 2025, the financial market projects GDP expansion of 1.8% and 2%, respectively.

The expectation for the dollar exchange rate remained at R$ 5.20 for the end of this year. For the end of 2023, the forecast is that the American currency will also remain at this same level.

The minister of the TSE (Superior Electoral Court) Benedito Gonçalves, last Saturday, 10, prohibited President Jair Bolsonaro (PL) and his vice-presidential candidate, Braga Netto, from using in their electoral propaganda images and videos of September 7th, the commemorative date of the bicentennial of Independence.
Vaccination – The vaccination panel of the Ministry of Health registers 480.2 million doses of vaccines applied in the country.

Of these, 179.5 million refer to the first dose; 160.8 million refer to the second dose; 4.9 million refer to the single dose.

In the booster doses, 102.8 million doses of the first booster have already been applied; 27.2 million refer to the second booster dose, and 4.8 million are classified as additional doses.

Next Tuesday the US releases consumer inflation data (CPI).

China and South Korea stock exchanges inoperative this Monday (12) due to holidays.