Tag: Ibovespa

• Tuesday, September 14th 2021 - 09:33 UTC

  Relief in Brazilian markets, on the truce between Bolsonaro and the Justices

  

  Brazil's Sao Paulo stock exchange recovered on Monday, helped by the positive climate in global markets plus the relative truce following the political-institutional clash of last week between president Jair Bolsonaro and the Supreme Federal Tribunal, even when questions persist among financial operators.

• Tuesday, May 5th 2020 - 07:00 UTC

  Surprise: Brazil's retailer industry finds a consolidated e-commerce sector as it gradually reopens

  

  Brazil's battered retailers are starting to reopen after weeks of coronavirus lockdown but may exit the crisis transformed, with the e-commerce sector strengthened and brick-and-mortar chains facing an uphill path to normality.

• Tuesday, March 10th 2020 - 08:15 UTC

  Black Monday cocktail: oil price war and coronavirus trigger market panic

  

  World oil prices crashed on Monday, fuelling a vicious selloff on stock markets that were already buckling from the spreading coronavirus outbreak. Stocks tanked as the global oil market nosedived 30% at one stage after top exporter Saudi Arabia slashed the prices it charges customers following a bust-up with Russia over crude production cuts.

• Tuesday, March 19th 2019 - 08:43 UTC

  Brazilian stocks topped 100.000 points for the first time on the Bolsonaro syndrome

  

  Brazilian stocks topped 100,000 points for the first time Monday, on hopes for progress in President Jair Bolsonaro's promised pro-market reforms. The Ibovespa, the country's main index in Sao Paulo, hit an intra-day record of 100,037.69 before closing at its highest level ever of 99,993.93, up 0.86% from the previous trading session.

• Wednesday, June 27th 2018 - 08:26 UTC

  Brazilian shares recover cautiously; Central bank absent from the foreign exchange market

  

  After trading lower for a good part of Tuesday's session, the Ibovespa closed higher for the third consecutive day (+0.64%), to 71,404.59 points, driven mainly by the shares of Petrobras and Vale. The improvement in the U.S. stock markets also helped to recover the benchmark stock index in Brazil, although concerns remain about a world trade war.

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

  Brazilian stock exchange leads the world in growth in 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.

• Friday, December 29th 2017 - 10:06 UTC

  Brazil's main stock market, Ibovespa ends the year with a 26.85% increase

  

  Ibovespa, the benchmark stock market index in Brazil, ended the last trading session of the year with a 0.43% rise to 76,402.08 points amid a lack of negative political news and tracking stock markets abroad.