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Brazil’s Ibovespa accompanied market adjustment, closed moderately higher (11/29); investors alert to Omicron variant

RIO DE JANEIRO, BRAZIL - Ibovespa partially recovered from last Friday's losses on Monday, while investors await new information about the Omicron variant of the Covid-19 virus. The Brazilian stock market was in line with foreign markets, where indexes also rose, although there are many doubts about the new strain.

Ibovespa closed up 0.58% at 102,817 points. Trading volume for the day reached R$24.4 (US$4.4) billion. Ibovespa futures for December 2021 rose 0.89% in the after market at 103.250 points.

Several countries are partially closing their borders while it is unclear . . .

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