Ibovespa climbs for fourth straight session
Brazil’s Ibovespa rises 0.5% to 171,907, its fourth consecutive gain after eleven straight loss days, led by Vale and banks while Petrobras falls and Braskem drops on restructuring.
5% to close at 171,907 on Monday, posting its fourth consecutive gain following eleven consecutive days of losses. 8%, supported by higher iron ore futures in China amid new signs of stimulus from Beijing and expectations of stronger demand ahead of the peak construction season in September. 75% for the third consecutive week. 4%.
3%) were little changed after central bank chief Gabriel Galípolo warned of rising household debt and cautioned against further stimulus to credit and consumption. 3% as oil prices pulled back ahead of US sanctions on Iran. 7%) confirmed an out-of-court restructuring. B3 said the company would be removed from its indexes.