Brazil’s Ibovespa Edges Up Amid Global and Domestic Shifts

The Ibovespa (IBOV) faced a day without the backing of Wall Street, due to the US Presidents’ Day holiday, yet managed a modest gain. Despite Vale’s (VALE3) decline amid falling iron ore prices in Asia, the index ended up 0.14% at 128,903.14 points. Brazil’s Economic Activity Index (IBC-Br), a GDP precursor, surpassed expectations with a […]

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