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Whats up and welcome again to our market roundup, once we sum up a very powerful goings-on in Brazilian markets.
🔔 The dashboard: On this quick week interrupted by the Corpus Christi vacation, the Ibovespa benchmark inventory index was down by 2.5 p.c (nonetheless, on Wednesday the index broke an eight-day adverse streak). The Brazilian Actual, in the meantime, misplaced 1 p.c in opposition to the U.S. Greenback — and the American forex broke the psychological barrier of BRL 5.
- Largest features: Qualicorp (insurance coverage), +9.2 p.c.
- Largest drops: By way of Varejo (retail), -18.3 p.c.Â
Rates of interest up for the eleventh straight time
In keeping with market expectations,…
Entry all of The Brazilian Report
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