Raízen changes preferred ticker to RAIZ55 and B3 extends trading session this Tuesday
PNA shares will now be traded as RAIZ55, and spot trading will close at 5:55 pm, according to Money Times and InfoMoney.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM MONEY TIMES · 3 MIN
Investors who follow Raízen on B3 will need to get used to a new code starting this Tuesday (3). According to Money Times, the company's preferred shares, known by the acronym PNA, are now traded as RAIZ55, replacing the code RAIZ4. The change, according to the same publication, follows a statement released on October 26th.
According to the information disclosed, the PNAs will have a quote factor of 100 and a standard batch of 100 papers. Smaller positions continue to be traded in the fractional market. For the small investor, this detail defines whether the order follows the standard lot or the fractional lot.
On the same Tuesday, B3 changes its trading hours. According to Money Times, cash shares will start trading from 10am to 5:55pm, compared to the previous closing at 5pm. The closing call runs from 5:55 pm to 6:00 pm, and cancellation of orders is available until 6:45 pm. The publication attributes the change to the end of daylight saving time in the United States and reports that it affects stocks and derivatives, such as futures, options and structured, as well as indices, commodities and the dollar.
Petrobras' price movement at the opening drew attention. According to InfoMoney, on Tuesday morning, PETR4 fell 4.25%, to R$57.62, and PETR3 fell 3.97%, to R$50.64. Oil followed in the same direction: WTI lost 2.11%, to US$ 94.42, and Brent, 2.76%, to US$ 101.66. Both contracts opened higher, but reversed the movement. InfoMoney relates the fall of the state-owned company to the behavior of oil already observed on Monday.
On the same Tuesday, the INSS resumes payment of the October payroll, according to Exame. The calendar follows the end of the benefit: end 6 applies to those who receive up to the minimum wage, and ends 1 and 6 for amounts above that.
None of these points alone change the value of a company, but they all change the routine of those who operate. In a market that depends on clear rules, the investor needs to check operational details, such as code, lot, time and closing auction, before each order.
What changes for the investor
For those who have Raízen in their portfolio, the first step is to check the RAIZ55 code on the home broker and identify which lot the positions are in. With trading extended until 5:55 pm and the closing call until 6 pm, there is more time for adjustments at the end of the day. The effect on liquidity will depend on the participation of participants, and the report does not provide an estimate on this. In the case of Petrobras, Tuesday's opening followed oil, which keeps the commodity at the center of the reading on the action. This analysis is not a buy or sell recommendation and does not project quotes.
Automatically translated from Portuguese.
