Publicly traded companies on the Brazilian stock exchange, B3, lost more than R $ 91 billion in market value in this first quarter of 2021. It is the biggest quarterly loss since the same period last year, according to a survey by the information provider. Economatica financial institutions.
In the first quarter of 2020, the peak of the impact of the coronavirus pandemic on the financial market, the 279 companies listed on B3 added up to R $ 1.55 trillion in loss of market value. In the same period of 2021, the 311 companies lost R $ 91.7 billion in price.
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With a huge drop in the beginning of the pandemic, the stock market recovered well in the second and fourth quarters of 2020. It was R $ 843 billion and R $ 904.5 billion, respectively. In the third quarter, there was a loss of R $ 17.6 billion. The balance for the year, therefore, was positive: R $ 173.2 billion.
With this gain, companies on the Brazilian stock exchange added up to R $ 4.96 trillion in market value at the end of 2020. With the losses in this first quarter, the aggregate price adds up to R $ 4.87 trillion.
Sum of the market value of companies listed on B3 each quarter – Photo: Reproduction / Economatica
Economatica also separated the gains and losses by sector on the stock exchange. There are 40 divisions, of which 25 had losses this quarter.
The worst group was that of commerce, with an accumulated loss of R $ 51.2 billion in 18 companies. Then come the financial intermediation companies (R $ 48.5 billion in 22 papers) and oil, gas and biofuels (R $ 42.4 billion in 11 companies).
Individually, the worst company was Petrobras – a consequence of President Jair Bolsonaro’s intervention in command of the oil company. There was R $ 60 billion less in market value between the closing of the last quarter of 2020 and the first quarter of 2021. Itaú Unibanco (with a loss of R $ 31.4 billion) and Magazine Luiza (less R $ 30.4 billion ) form the “flashlight” on the list.
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On the positive side, mining companies from the stock exchange top the list of gains, with an increase of R $ 53.9 billion. As a result, nine medical services companies earned R $ 25.8 billion and 11 processed food companies increased by R $ 23.5 billion.
The best company in the period was Vale, with a gain of R $ 53.9 billion in value. Dasa and JBS close the podium, with R $ 34.1 billion and R $ 17.2 billion, respectively.
Variation in the quarter of the market value of companies listed in B3, by sector – Photo: Reproduction / Economatica
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