Ibovespa Rallies on Positive Inflation Signals
On Friday, the Ibovespa, Brazil’s main stock index, soared, marking a significant upturn in its trajectory. It closed with a robust 1.51% increase, reaching 126,526.27 points—its largest single-day gain since a 1.63% rise on April 8. This uplift brought the weekly total to a 1.12% increase, snapping a three-week losing streak. The rally was significantly […]