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«The Rio Times»
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2024
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Brazil’s Ibovespa Dips Below 130,000 But Gains Weekly

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The Ibovespa index fell on Friday, dropping beneath the 130,000-point mark. This break ended its six-day upward trend. Profit-taking and Petrobras share declines influenced this drop, along with U.S. interest rate cut concerns. The Brazilian stock market's benchmark, Ibovespa, decreased by 0.63% to 129,418.73 points. Yet, it ended the week up by 0.54%. The day […]











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