There's a bull case emerging in Brazilian stocks for long-term investors

📆 2/06/2024 6:10 a. m.
📰 CNBC

⏱ Reading Time:
6 sec. here
13 min. at publisher
📊 Quality Score:
News: 44%
Publisher: 72%

Emerging Markets Noticias

Petroleo Brasileiro SA Petrobras,Petroleo Brasileiro SA Petrobras,Vale SA

Recent struggles in stocks traded in São Paulo may be an opportunity for investors to buy into Latin America's largest economy at a discount.

Recent struggles in Brazilian stocks could be an opportunity for investors to buy into Latin America's largest economy at a discount. Bovespa , the country's stock index, is down about 9% year to date and fell roughly 3% last month. That marked the benchmark's worst May performance since 2018 — when it dropped nearly 11%. The iShares MSCI Brazil ETF is also under pressure, losing 15% year to date and 5% in May.

Nvidia will be key to market's direction as Wall Street heads into the summer with May jobs report on deck

Escribir Comentario

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Utah's Brazilian community revives chamber to spur business developmentUtah's Brazilian community is reviving its once-defunct chamber and held a kickoff of sorts featuring Gov. Spencer Cox, Brazilian community leaders and others.
Fuente: KSLcom - 🏆 549. / 51 Leer más »