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Brazil: Ibovespa closes at the worst level in 9 months

On Wednesday, 22, the Ibovespa closed with a retraction of 0.8%.

The level stood at just over 100,000 points.

It is the worst mark for closing a trading session since the end of July 2022.

At the same time, the dollar also ended the day down, at R$5.24.

The main index of the Brazilian market, Ibovespa is formed with a basket that includes the best shares of the Brazilian Stock Exchange.

Since Lula was elected for a third term in October 2022, the indicator has already lost 13% of its value.

Throughout the year, the drop . . .

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