|Day's range||85,105.8438 - 86,577.7344|
|52-week range||60,315.0000 - 88,318.0000|
“The theme of a weak real is getting a lot of attention now because we broke out of that range, but the truth of the matter is it’s been kind of weak for quite some time,” said Tony Volpon, economist with UBS.
Brazil investors hoping the jailing of former President Luiz Inacio Lula da Silva would add fuel to a rally have been sorely disappointed.
Brazilian stocks jumped on Thursday after a court ruled that former president Luiz Inacio Lula da Silva can be sent to prison while he appeals a corruption conviction.
Investors are holding their breath as Brazil’s high court decides whether a former president begins a prison sentence or continues his campaign to return to office.
Brazil’s former President Luiz Inacio Lula da Silva faces time in prison after the Supreme Court rejected his request to appeal at liberty a 12-year prison sentence for corruption. Equity and currency ...
The Ibovespa rose to a record high, pushing gains this year to more than 9 percent, after a Brazilian appeals court unanimously upheld a graft sentence against former President Luiz Inacio Inacio Lula ...