Brazilian stock alert
CLOSING UPDATE: B3 in 3rd consecutive fall, nears a 14-month low 25 May 2018 17:35 BRT
NEWS BITES - BRIC
This is an end of day Alert, produced after today's Brazilian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).
B3, Brazil's largest diversified financial services company by market capitalisation, slipped further on Friday, sliding an additional 58.0 centavos (or 2.7%) to trade at R$21.02. The stock sank 5.18% on Wednesday and 2.44% on Thursday bringing its 3-day fall to 10.0%. It is now approaching its 295-day low of R$20.85. Compared with the Brazil Index 50 which fell 63.0 points (or 0.5%) in the day, this represented a relative price change of -2.2%.
Morning Alert: B3 keeps sliding: down 8.7% in 3 days
25 May 2018 11:10 BRT
B3 S.A (SA:B3SA3) extended its slide on Friday, shedding an additional 29.0 centavos (or 1.3%) to trade at R$21.31. Trading volume was 82% of average so far today. The shares have fallen R$2.04 (or 8.7%) over the past three trading days vs. the Brazil Index 50 which has fallen 3.7% in the same period.
B3 S.A (SA:B3SA3; SAO:B3SA3; BZ:B3SA3)