[ad_1]
Hello and welcome back to our market roundup, when we sum up the most important goings-on in Brazilian markets.
🔔 The dashboard: The Ibovespa benchmark stock index was up by 2.8 percent this week. The Brazilian Real, meanwhile, gained 2.73 percent against the U.S. Dollar.
- Biggest gains: Cosan (biofuels), +16.1 percent.
- Biggest drops: CVC (tourism), -8.9 percent.
The risk of investing in state-controlled firms in electoral years
It has been a quintessential rollercoaster year for the Brazilian stock market. The Ibovespa benchmark stock index started 2022 as one of the biggest winners, up nearly 17 percent in April. Soon after, the…
Access all of The Brazilian Report
Already a subscriber? Log In
[ad_2]
Source link
