MarketsHighReportedAccelerating
9.6
Banco do Brasil shares surge 13% as Bolsonaro leads first round
InfoMoney·BR·1 day ago
Brazilian equities, as tracked by the EWZ ETF, jumped 7% in aftermarket trading following first-round election results showing Flávio leading. Petrobras ADRs rose over 7.5%, indicating investor optimism over the likely policy direction. The market is pricing in a favorable outcome, though the second round remains uncertain.