Ibovespa Rises with Petrobras Boost; Magazine Luiza Soars

On Thursday, buoyed by Petrobras shares climbing over 3% amid rising oil prices, the Ibovespa index closed with a 0.28% gain, reaching 128,168 points. Vale shares, pressured by the government’s move to appoint former Finance Minister Guido Mantega as president, dragged down the index. The trading session was marked by lower liquidity, coinciding with São […]

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