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Montevideo, July 23rd 2019 - 07:07 UTC

Tag: Brazilian stock market

  • Thursday, July 5th 2018 - 08:41 UTC

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

    Shares of power utility Eletrobras soared nearly 18% after the lower house of Congress agreed to speed approval of a bill seen as key to the sale of some assts

    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.

  • Wednesday, April 11th 2018 - 08:42 UTC

    Brazilian stock exchange leads the world in growth in 2018

    A survey made by the Brazilian government portal shows that the Ibovespa saw the highest growth rates in the world in the first quarter of 2018.

    As Brazil continues to benefit from the return of growth and curbed interest rates and inflation, the São Paulo Stock Exchange has seen an unprecedented growth curve. In addition to achieving historical highs, the Brazilian stock market beat the performance of some of the largest stock exchanges in the planet. This means more people betting on Brazilian companies and the future of the country, according to a report from the Brazilian-American chamber of Commerce.