News Formal

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

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

Emerging Markets Nieuws

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

 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.
Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 12. in NL

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

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.
Bron: KSLcom - 🏆 549. / 51 Lees verder »