Assaí shares advance and operate among the biggest gains on the Ibovespa with relief in interest rates, but not only (Image: Reproduction/ Assaí's Youtube)
Even with the mining and steel sector among the biggest gains on the Ibovespa, the shares of Assai (ASAI3) stand out on the positive side of the main index of the Brazilian stock exchange.
In the early hours of trading, ASAI3 rose 5.34% to R$8.28. At around 12:00 pm (Brasília time), the company's shares rose 2.04% to R$8.02. Follow in Real Time.
The retailer's shares are rising as the yield curve eases — with the dollar weakening to the detriment of the appreciation of commodities following the announcement of economic stimulus in China.
Furthermore, the strong rise in shares reflects a change in the company's shareholding structure.
The asset manager BlackRock sold Assaí shares and now holds 133,810,504 common shares — which corresponds to 9.896% of the company's shares. The retailer's share capital is represented by approximately 1.352 million shares.
The change was announced on Monday night (23) by the retailer, in a statement to the market.
Even with the reduction, the manager holds the second largest share in the company, behind only Orbis Invest — which has a 10% stake.