After Ômicron topples global stock exchanges, experts point out how to manage the portfolio

The domestic market spent the last few days with its eyes glazed over at Ômicron, the new variant of the coronavirus that emerged in South Africa. Several sectors related to tourism ended up with casualties, a movement similar to what occurred in the beginning of 2020, when the battle began global against Covid-19.

To hedge against the likely impacts of Ômicron and future uncertainties in the economy, analysts believe investors should grab a more diversified portfolio strategy.

“The best solution should be to maintain its initial focus, however, to reallocate its investments in more defensive sectors, such as companies that have a greater online presence and are exporters of commodities”, says Felipe Vella, technical analyst at Ativa Investimentos.

“To protect yourself from the variant, it is advisable to have little exposure to companies that physically depend on the public.”

Mario Mariante, chief analyst at Planner Corretora, believes that a second way to escape risk is to merge investments in shares abroad, “especially on the New York stock exchanges.” For him, assets such as the dollar and gold “gain space in times of tension”.

Mariante also claims that companies that pay dividends are also an opportunity at this time. According to the recommended portfolio of CNN Brasil Business, which compiled the recommendations of 12 brokers, Taesa is the best company for December, if investors want to focus on dividends.

there is still hope

The latest news about the new variant eased market tensions. The Deputy Director of PAHO (Pan American Health Organization), Jarbas Barbosa, said that “very likely” the vaccines will manage to act against the micron variant of the coronavirus.

British drugmaker GSK also reported yesterday that its antibody-based drug Covid-19 is effective against all mutations in the new variant of the coronavirus.

“If confirmed the low risk of the variant, investors should look at shares of good companies that fell along with the market,” says Mariante.

The market believes that tour companies should recover from the announcements.

Thus, Phil Soares, head of stock analysis at Órama, follows the same strategy as before Ômicron: betting on sectors exposed to the reopening of the economy, such as shopping malls, consumer companies and the airline industry.

So far, there are six confirmed cases in Brazil.