Tag: Bovespa

• Wednesday, September 19th 2018 - 08:28 UTC

  Brazilian economy recovering at snail pace: 1.19% in seven months of 2018

  

  Brazil's economy grew 0.57% in July from June, Brazil's Central Bank said citing the Economic Activity Index (IBC-Br). The data shows a second consecutive month of GDP growth in South America's largest economy.

• Wednesday, September 19th 2018 - 08:18 UTC

  Brazilian Bovespa market index up 1.75%; Real suffers a slight depreciation

  

  Brazil's benchmark Bovespa index rose 1.75% on Tuesday, rallying for a second straight day largely on a spike in commodities prices. Two of the Bovespa's most heavily weighted equities, miner Vale and oil giant Petrobras benefited from rising commodity prices worldwide amid escalating China-U.S. trade tensions and signals OPEC is not prepared to raise output to address shrinking supplies from Iran.

• Saturday, September 15th 2018 - 08:46 UTC

  Brazilian markets and currency ended the week higher

  

  Brazilian markets ticked higher on Friday, bolstered by a new presidential election poll, sending the benchmark Bovespa index up more than 1% as the country's currency, the real, gained about 0.78%.

• Wednesday, September 12th 2018 - 08:30 UTC

  Brazilian equities and currency slump on Tuesday on latest opinion polls

  

  Brazilian equities and currencies slumped on Tuesday after an opinion poll on the presidential election showed leftist candidates gaining ground while market-friendly centrists did not.

• Thursday, September 6th 2018 - 09:04 UTC

  In Brazil, the Real and Bovespa stock index recovered slightly on Wednesday

  

  In Brazil, the Real currency and benchmark Bovespa stock index strengthened slightly on Wednesday. Political uncertainty in Brazil took a toll after judicial authorities canceled the release of a closely-watched opinion poll on technical grounds.

• Wednesday, September 5th 2018 - 06:28 UTC

  Brazil's Real remained flat on Tuesday but the stock market was down 2%

  

  The Brazilian Real erased early losses on Tuesday after state prosecutors charged Workers Party vice presidential candidate Fernando Haddad with corruption, driving investors to pare bets on his electoral strength.

• Tuesday, September 4th 2018 - 08:41 UTC

  Brazil's Real and Argentina's Peso slumped on Monday

  

  The Brazilian Real slumped on Monday as mounting concerns over this year's presidential election added to global risk aversion, while the Argentine peso extended a recent sell-off that also spread into stock markets in Latin America.

• Friday, August 31st 2018 - 09:16 UTC

  Brazil contains the value of its currency with a US$ 1.5 billion support

  

  The economic and foreign exchange crisis in Argentina and the growing uncertainties in the political scenario of Brazil ahead of October's presidential election also had an impact in the Brazilian currency and markets, forcing the Central bank to come out with a US$ 1.5bn support.

• Wednesday, August 22nd 2018 - 08:40 UTC

  Brazil's Real plunges past four to the US dollar, first time since March 2016

  

  Most emerging market currencies worldwide rallied on Tuesday after U.S. President Donald Trump criticized the head of the Federal Reserve for raising interest rates, while Brazil's Real fell to its lowest in more than two years on political concerns.

• Thursday, July 5th 2018 - 08:41 UTC

  Brazilian stock market up 1%; Electrobras shares soar 18%

  

  Brazil's benchmark Bovespa index jumped more than 1% on Wednesday in low-volume trading on the U.S. Independence Day holiday, while shares of Brazilian power utility Centrais Elétricas Brasileiras SA soared.