Ibovespa Climbs, Led by Vale and Petrobras; Casas Bahia Faces Sharp Decline

Global market optimism propelled Ibovespa, with Vale and Petrobras driving significant gains as heavyweight components. This positive momentum, mirroring the upbeat sentiment on Wall Street, propelled the Ibovespa to close up 0.56% at 128,815.86 points. Food retailers’ performance notably elevated the session, playing a crucial role in driving the index higher. In contrast, Casas Bahia […]