Heavy rain arrives in São Paulo on Wednesday and alert covers Baixada Santista and Grande SP
Inmet and Civil Defense warn of heavy rains from Wednesday (4), with greater risk in Vale do Ribeira, south coast, Baixada Santista and Grande SP.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM INFOMONEY · 2 MIN
A week of heavy rain is expected to hit a large part of São Paulo from Wednesday (4), and the alert already covers regions at greater risk. According to InfoMoney, Inmet and the São Paulo Civil Defense speak of storms in a large part of the state territory.
The problem may not be limited to one day. According to the same report, the rain could last until the weekend, which extends the period of attention for residents and authorities.
The areas most at risk, according to InfoMoney, are Vale do Ribeira, the south coast, Baixada Santista and Greater São Paulo. These regions already appear with a warning for storms, which indicates that the concern is not limited to isolated instability.
The situation is also not restricted to the state. Inmet predicts accumulated rain from Tuesday (3) until the 10th, next week. The largest volumes are in the South of Brazil, with significant accumulations in the Southeast and west of the North Region, with emphasis on Amazonas.
The information collected does not provide an estimate of losses or the economic impact of the event. Without this data, any conclusion about economic activity would be speculation.
What changes for the investor
So far, there is no data that points to a direct effect on listed companies. Even so, the investor usually follows some channels: logistics in ports and highways in Baixada Santista and the south coast, the operation of companies in Greater São Paulo and the effect on production in the South, where the largest expected accumulations are. This is a scenario reading, not a buy or sell recommendation, and any price assessment depends on information that has not yet been released.
Automatically translated from Portuguese.
