Home Agribusiness Shares of meatpackers targeted in investigation fell dramatically

Shares of meatpackers targeted in investigation fell dramatically

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Shares of the three meatpackers companys that integrate Ibovespa, lost  Friday (17)in a single trading  session R $ 5.9 billion (around $ 1.8 billion) of their market value. Now, together, JBS, BRF and Marfrig are worth R $ 62.9 billion. The roles of these companies, especially the first two, fell sharply as a result of the outbreak of Operation Faint Meat. It was the two biggest declines in the index, which ended the trading session with losses of 2.39% at 64,209 points.

The largest decline in market value occurred in the JBS papers. On Thursday, the company was worth R $ 32.7 billion. At the end of the trading session yesterday, the amount was R $ 29.3 billion,