Stock exchange may receive R$ 225 bi in base scenario of interest rate drop
BTG Pactual mapped out which stocks foreigners should buy if the scenario of lower interest rates materializes in the country after Sunday's election. The team led by Carlos Sequeira analyzed the months in which foreigners were net buyers of at least 5 billion reais on the Brazilian stock exchange.
BTG Pactual has analyzed which stocks foreigners should buy if Brazil's interest rates decrease after Sunday's election. The bank's team, led by Carlos Sequeira, studied periods since 2020 when foreigners bought at least R$ 5 billion worth of Brazilian stocks. In these 26 months, Petrobras, Vale, and Prio were top picks, attracting R$ 36 billion, or nearly two-thirds of foreign investment.
The bank estimates that a modest reallocation of local funds could bring R$ 100 billion to the B3 stock exchange, while foreign funds could invest an additional US$ 25-63 billion if they increase their exposure to Brazilian stocks.
Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
