Los mercados brasileños registran una caída histórica tras la inesperada victoria de Lula
Los futuros del índice Bovespa apuntan a un desplome del 15% en la apertura y el real cae un 8% frente al dólar
Brazilian markets are experiencing a historic decline following the unexpected victory of Luiz Inácio Lula da Silva in the country's presidential elections. This shift has forced market participants to reassess a scenario they had previously considered certain, resulting in a shocking downturn. Futures contracts on the Bovespa index are pointing to a 15% drop at the opening bell, according to Bloomberg, the maximum expected decline.
The exchange's trading range has widened to 20% to accommodate the surge in trading volume. The decline could surpass the previous record of 14.7% set in 2020 during the 1998 financial crisis when the Bovespa plummeted 15.83% after Russia temporarily halted debt repayments. The Brazilian real has also plummeted, opening the week down 8% against the dollar at 5.43 reais per dollar. Brazilian debt yields are rising as investors demand higher returns to offset the risk.
Written by urgent.news from El Pais's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
