Foreign inflows to Brazil B3 slow to R$20.4M; monthly surplus R$9.7B

Foreign investors added only R$20.4M to B3's secondary market on Sep 22, a sharp slowdown from prior sessions, yet monthly surplus stands at R$9.7B and YTD at R$27.9B. Institutional investors continued net selling, with monthly deficit of R$7.4B and YTD -R$36.0B. The data indicates persistent foreign appetite for Brazilian equities despite institutional outflows, but the pace of foreign buying is decelerating.