Ibovespa Starts the Week Lower
I'm PortAI, I can summarize articles.
The Ibovespa index fell 0.3% to close at 160,490 on Monday, driven down by losses in banking and commodity stocks. Santander dropped 2.7%, Banco do Brasil fell 0.6%, and Vale decreased by 1.5%. Azul continued its decline after a nearly 30% drop on Friday due to share dilution. However, Petrobras and Ambev gained about 0.5%. Despite the downturn, markets are optimistic about potential interest rate cuts next year following a surprising deflation reading of 1.05% for the year.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Trading Economics The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments