Last week, MyCap's portfolio of recommended shares closed down 1.81%. (Image: REUTERS/Pilar Olivares)
A MyCap kept unchanged the weekly portfolio for the period from October 4th to 10th, with Engie Brasil (EGIE3), Brava Energia (BRAV3), Bradesco (BBDC4), BRF (BRFS3) e Embraer (EMBR3).
Last week, the recommended portfolio closed down 1.81% while the Ibovespa had a negative performance of 0.71%. BRAV3 shares had a change of 1.01%. The negative highlight in the portfolio was EMBR3, down 4.83%.
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According to MyCap, the last week was marked by the escalation of the war in Middle Eastwhich touched investors' nerves. Furthermore, the holiday in China and the payrollwith a possible interest rate reduction at the next meeting of the Federal Reserve.
“We closed the month of September with stress on interest rates in Brazil and with negative foreign capital flow. Graphically speaking, the market continues to signal new drops, but only by losing 129,900/000 does it have room for a bigger drop with a target of 125,000. Buying strength resumes above 135,000, a point that releases upward movement up to 138,000”, point out analysts Andre Ferreira and Weslley Mesquita.
See MyCap's recommended stocks