Ibovespa Closes at a Record High
The Ibovespa surged 7.7% to a record 206,912 on Monday, its biggest one-day gain in over six years, after Flávio Bolsonaro finished ahead of President Lula in the first election round, defying most polls. The result triggered a sharp repricing of Brazilian assets. Bolsonaro received 47.03% of valid votes, compared with