Welcome to today’s financial morning call, where we bring you key updates to keep you informed before the market opens.
There are no major economic events scheduled for Thursday, June 20. Yesterday, the stock market closed up at 0.53% at 120,261 points.
The Central Bank’s Copom decided to keep the Selic rate at 10.50% per annum.
Itaú Unibanco’s Dividend Strategy and Market Updates
Itaú Unibanco (ITUB4) hints at another extraordinary dividend payment, favoring recurrent payouts.
Sabesp’s Privatization Progress
Sabesp (SBSP3) moves closer to privatization with creditor approval for control transfer.
In currency markets, the Brazilian real slightly strengthened against the U.S. dollar.
Adjustments and Forecasts in the Financial Sector
Itaú BBA revises Wiz’s rating and target price, anticipating conservative growth potential.
Petrobras Settles Tax Obligations
Petrobras settles a $3.5 billion tax obligation with the government to address fiscal challenges.
Equity Markets and Investment Opportunities
The Ibovespa index rose by 630 points, reflecting positive market sentiment. Bradesco BBI covers Banco Inter with an ‘outperform’ rating.