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IBOVESPA (^BVSP)

São Paulo - São Paulo Delayed Price. Currency in BRL
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112,764.26+3,046.32 (+2.78%)
At close: 05:18PM BRT
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Previous close109,717.94
Open109,717.94
Volume0
Day's range109,717.94 - 112,764.26
52-week range95,267.00 - 121,628.00
Avg. volume11,785,346
  • Zacks

    Best-Performing ETF Areas of Last Week

    Wall Street staged a rally last week. Some upbeat earnings and expectations of slower Federal Reserve monetary tightening boosted markets.

  • Reuters

    Brazil's Petrobras lowers gasoline prices at refineries

    Brazilian state-run oil company Petrobras said on Thursday it will cut gasoline prices at its refineries to 3.71 reais ($0.7110) per liter from 3.86 reais starting Friday, a 4% cut that will take prices to their lowest level since March. The move is the second gasoline price cut by the oil giant this month and comes after it faced intense pressure from President Jair Bolsonaro and federal lawmakers to bring down prices amid soaring inflation and ahead of a general election in October. Analysts at Credit Suisse said in a note to clients they considered the move "marginally positive" as it would help to ease the political pressure on the company.

  • Reuters

    Brazil stock market optimism tempered as fears grow over October vote

    Brazilian stocks will rise less than previously expected this year as fears over October's presidential vote tarnish the outlook for the second half and double-digit interest rates prompt a switch to deposit accounts, a Reuters poll showed. In recent weeks, Brazil's benchmark Bovespa stock index has pared the bulk of its first-quarter gains, pressured by intensifying election rhetoric and the impact of the central bank's ultra-hawkish push to fight inflation. "We will face brutal election times, high interest rates are with us for the foreseeable future, and we have sticky inflation around the globe," said Andre Leite, partner and senior portfolio manager at Kairos Capital.