MSCI Decision May Boost Brazilian Stocks in US by $4.7 Billion

Following MSCI’s recent announcement, Brazilian companies trading on foreign exchanges might soon enjoy a significant financial boost. Starting in August, these listings will qualify for the MSCI Brazil index. This change could channel $4.7 billion into companies like Nu Holdings (Nubank), StoneCo, XP, and PagSeguro, Morgan Stanley strategists report. The firms, which went public in […]

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