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Brazil’s stock market is bouncing back: but will it last?

by 198 Vietnam News
February 13, 2022
in BUSINESS NEWS FROM AROUND THE WORLD
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Feb 10, 2022 16:51 4 min learn

After a dismal 2021, the Brazilian inventory market started this yr as an early winner, with its efficiency trouncing most main indexes all over the world. Brazil’s Ibovespa is anchored on commodity-producing firms, which have seen share worth soar as costs go up. Elsewhere, increased liquidity and an inexpensive forex additionally gas the present momentum. 

Nonetheless, more and more unfavorable home and worldwide situations go away consultants considering that the present optimism might have an expiration date.

Ibovespa ended January 7.33 % up, its greatest month-to-month outcome since December 2020 and one thing of a shock, contemplating the index ended 2021 with a…

Entry all of The Brazilian Report
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