Brazil’s main stock market index records worst sequence since 1984, with 11 straight falls

The Ibovespa, Brazil’s primary stock market index, saw a decline of 0.55% on Tuesday, landing at 116,171 points, marking its worst consecutive drop since 1984 with 11 straight falls. One significant driver of this decline was Petrobras’s announcement of gasoline and diesel price adjustments. Additionally, international news played a role. Though the fuel price hike […]

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