Brazil Stocks Lure Record $2 Billion Inflow on Election Surprise
Foreign investors poured a record net 10.06 billion reais ($2.01 billion) into Brazilian stocks listed in Sao Paulo on Oct. 5, the highest single-day inflow on record, amid increased hopes that opposition presidential candidate Flávio Bolsonaro would address the country’s mounting fiscal problems and pave the way for interest-rate cuts if he is elected. The data was released by Brazilian exchange…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
