Brazil’s Bovespa closes the year down; worst result since 2015

In 2020, even in the midst of the Covid-19 pandemic, the stock market managed to close the year up 2.92%. The drop in 2021 stood at 11.93%.

RIO DE JANEIRO, BRAZIL - The Bovespa Index (Ibovespa), the Brazilian stock market's main indicator, closed Thursday, December 30th, the last trading session of the year, up 0.69%, at 104,822 points. Despite the positive figures, the index ended the year in the red.

With yesterday's result, Ibovespa accumulated a high of 2.85% in December. However, over 2021 it accumulated a loss of 11.93%. This is the first time that the Brazilian stock market closes the year in the red since 2015, when it accumulated a loss of 13.3%.

The dollar closed 2021 with a . . .

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