Ibovespa Advances on IBC-Br Rebound
The Ibovespa rose 0.5% to close at 205,430 on Friday, supported by fresh economic activity data and a slowdown in the oil rally. The BCB’s Economic Activity Index rose 0.3% month-over-month in August, in line with market expectations and rebounding from a 0.2% decline in July. Growth was supported by sectors geared tow