Tag Archives: Bovespa

Was Brazil’s crash an opportunity or the end of a bull run?

Bargain hunters came into the market for shares in the Brazilian banks at the end of last week as investors bought the crash that immediately followed a scandal that threatens to end Michel Temer’s presidency. However, while the subsequent recovery … Continue reading

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Has Brazil’s equity rally run out of steam?

Is it time to sell Brazil? Yes, according to the Swiss bank that accurately called the strong rally in equity and FX during the past 12 months. Credit Suisse and its Swiss competitor UBS have been eyeing the strong equity … Continue reading

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Brazilian brokers wave the offside flag

“The Bovespa is like the CBF [Brazilian Football Confederation] and the brokers are like the clubs: the former is very rich and very powerful, while the latter do all the work and are going broke.” Ricardo Lacerda, founder and CEO … Continue reading

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Trigger-twitchy investors risk being hurt in Brazil

Last night the political chaos in Brazil hit new levels when Federal Judge Sergio Moro released wiretap recordings between current President Dilma Rousseff and ex-President Lula. Some of the recordings were from earlier that same day, and appeared to be … Continue reading

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Bovespa assimilates with the world’s leading indices

Earlier this year, a working party commissioned by the BMF&Bovespa to look into its increasingly antiquated volatility-driven methodology of the Ibovepsa made its unanimously-approved set of recommendations to Brazil’s stock exchange. According to one member of the working group (which … Continue reading

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A very specific appetite for LatAm equity

Three Latin American equity transactions in mid-July demonstrate just how selective investors are being. Brazilian transmission company Taesa sold BRL1.76 billion of equity at the middle of its range (the deal was dubbed a “re-IPO” due to the small amount … Continue reading

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