🔔 The dashboard: Brazil’s benchmark inventory index Ibovespa dropped by 1.15 p.c this week. In the meantime, the Brazilian Actual misplaced 1.73 p.c in opposition to the U.S. Greenback this week.Â
- Largest positive factors: Weg (engineering), +15.9 p.c.
- Largest drops: SLC AgrÃcola (agribusiness), -14.81 p.c.
Brazilian inventory alternate in bear market territory
Final week’s inventory rout spilled over into this week in Brazil, with important losses. The nation’s benchmark inventory index Ibovespa ended Thursday’s buying and selling session at 98,080 factors — the bottom since November 2020. Falling right into a bear market is as shut as ever.
Definition. A bear market is when shares fall 20 p.c from…
Entry all of The Brazilian Report
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