HIX Capital shuns retail, targets long-term financial stocks to triple capital
Published 2 d ago1 sourceEvidence: Reported
Brazilian equities experienced a broad selloff, with retail and construction sectors hit hardest. Hapvida fell 54.1%, Cosan 46.3%, and Cyrela 44.7%, indicating a severe market-wide decline. The cause is not specified, but the magnitude suggests a major negative catalyst or systemic stress.
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