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São Paulo - São Paulo Delayed price. Currency in BRL
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111,439.37-2,354.91 (-2.07%)
At close: 5:26PM BRT
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Previous close113,794.28
Day's range0.00 - 0.00
52-week range
Avg. volume8,694,334
  • Bloomberg

    Hedge Fund With $3.7 Billion Redraws Bets as Brazil Rates Rise

    (Bloomberg) -- One of Brazil’s largest independent hedge-fund managers is looking to profit off of the most hawkish central bank in Latin America. Legacy Capital Gestora de Recursos Ltda. has added to local fixed-income and private-credit bets that would benefit from higher interest rates, while trimming exposure to Brazilian stocks, according to Gustavo Pessoa, a portfolio manager and one of the firm’s founding partners. Earlier this month, Brazil’s central bank delivered its most aggressive hi


    Heavy-Handed Government Intervention To Hurt Brazil’s Oil Boom

    Heavily indebted and partially state-owned oil major Petrobras has weathered crisis year 2020 relatively well, but recent government intervention could become a serious problem for the company and the nation’s oil boom in general