BRAZIL BENCHMARK STOCK INDEX SOARS AS BOLSONARO TOPS FIRST-ROUND VOTE
NEWS Desk Global
4 hours ago
1 min read
Brazil's benchmark stock index Bovespa gained more than 8% in early Monday trading, exceeding 205,000 points after right-wing Senator Flavio Bolsonaro led leftist President Luiz Inacio Lula da Silva in the country's first-round presidential vote.
Shares in retailer Magazine Luiz, stock exchange operator B3 and lender BTG Pactual jumped more than 20% each, among the top gainers. Pulpmaker Suzano, on the other hand, fell as much as 8.5%.
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