On Monday, the Ibovespa closed almost unchanged, shedding a mere 0.03% to end at 128,465.69 points. This minor adjustment underscores the caution prevailing among investors as they await the outcome of Brazil’s Central Bank meeting. The Brazilian Real also weakened slightly, settling at R$ 5.07 against the dollar, reflecting broader concerns. Globally, stock markets showed […]
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Ibovespa Edges Up 0.17% as Oil Stocks Rally and Retailers Slump
The Brazilian stock market demonstrated resilience on Monday, October 7, 2024, as the Ibovespa index climbed 0.17% to close at 132,017.84 points. This slight increase of 226.29 points marked the second consecutive day of marginal growth for the benchmark index. Trading activity was characterized by initial broad gains followed by constant fluctuations throughout the afternoon. […]