Ibovespa Rises as IBC-Br Rebounds and Oil Rally Eases
The Ibovespa rose nearly 1% to trade near 206,000 on Friday following fresh economic activity data and a slowdown in the oil rally. The BCB’s Economic Activity Index rose 0.3% in August from July, in line with market expectations and rebounding from a 0.2% decline. Meanwhile, easing oil prices offered some relief to cr