At the opening of today’s session on B3, the Ibovespa posted a drop of 16.59%, at 171,042.30 points, reflecting a broadly negative start to the trading day. Among the top decliners in early trading, shares of Terra Santa Propriedades Agrícolas (LAND3) were down 2.45%, quoted at R$ 10.34, while Klabin (KLBN3) slipped 1.89%, trading at R$ 3.63.

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With the index in a sharp downward move right after the open, the Terra Santa Propriedades Agrícolas (LAND3) stock appeared, up to the time of the survey, as the biggest individual loser among the monitored names, with a 2.45% drop compared to the previous close, taking the price to R$ 10.34. As of then, there were no records of stocks ranking among the session’s top gainers, according to the available data.

Klabin (KLBN3) shares, from a major company in the pulp and paper sector, were also tracking the negative start to the session, with a 1.89% loss and a price of R$ 3.63 per share in the first minutes of trading. With no data yet on other significant gains or losses in the same period, the initial focus at the open remained on the steep drop in the Ibovespa and on the moves in LAND3 and KLBN3 among this morning’s main individual highlights.

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