to be president so if you are a businessman why not just wait until November," says Nomura economist Tony Volpon. The Bovespa is ahead 0.5% today. ETFs: EWZ , BRF , BRXX , EWZS , BRAQ , BRZU , BRAZ , BZQ , BRAF , UBR , BRZS , DBBR , FBZ Post
Eduardo Campos has crashed , with local TV reporting the presidential candidate was killed. Up earlier in the session, the Bovespa is now lower by 1.3% . Campos was running third in the polls with less than 10%, but his exit from the race is likely
SAO PAULO, Aug 6 (Reuters) - Brazil's benchmark stock index rose on Wednesday, bolstered by shares of oil producer Petrobras as investors placed bets on the outcome of an electoral poll due to be...
SAO PAULO, Aug 5 (Reuters) - Brazil's benchmark stock index was little changed on Tuesday as strong earnings from top private-sector bank Itau Unibanco offset a drop in telecommunications shares...
priced in too much optimism for political change. The firm says its recent survey suggests both the stock and the Bovespa index are pricing in a 52% chance of macro policy change, so the risk/reward of the stock is similar to the market benchmark
SAO PAULO, July 16 (Reuters) - Brazil's benchmark Bovespa stock index fell on Wednesday as a decline in bank shares offset gains in mining firm Vale and telecommunications company Grupo Oi. Moves in...
forecast - suggesting the rate hike cycle will continue - isn't enough to halt the big rally in Brazilian stocks, with the Bovespa 's 3.2% gain today putting the index higher by nearly 15% over the last two weeks. The central bank now sees inflation
naturally predict a dimmer economic outlook, and markets tend to overreact. Data from Bovespa , the Brazilian stock exchange, support this behavior. In June, Bovespa decreased 11% against a 1% decline in the Dow Jones Industrial Average. However
that just 10 companies represent 19% of the S&P 500 Index, or that in a passive strategy linked to the Brazilian BOVESPA Index , just two companies would represent over 20% of its holdings. 3 The latter, incidentally, happen to be partially
exchange rate, PT shareholders will own approximately 38.1% of the company. The new company's stock will trade on the Bovespa Mercado, NYSE Euronext Lisbon, and NYSE. The deal is expected to close during the first half of 2014, as there are