The São Paulo Stock Exchange (B3) registered a record of foreign investments in 2022. In the period, R$101 billion (US$19.55 billion) in shares were invested.
This is the highest value since 2016, when B3 started to disclose the data.
The movement took place in the secondary market, the name given to the environment in which investors buy and sell shares of publicly traded companies directly from each other.
Negotiations between a company and an investor are considered within the primary market.
In 2016 and 2017, the balance of inflows and outflows of foreign funds on the Stock Exchange was positive.
However, from 2018 to 2021, the balance became negative, with more withdrawals of funds from investors in other countries. In these four years, the total withdrawal was R$103 billion.
Last year it broke the negative sequence and reached a three-digit positive balance for the first time in history.
When adding only the previous years in which there were more contributions than withdrawals (2016 and 2017), the total funds raised is almost R$29 billion, that is, 28% of the total amount transacted by foreigners last year.
Financial market analysts drew attention last year to the fact that the stock market is worth much less than it should and, therefore, could be attractive for investments.
With information from Revista Oeste