Ibovespa extends seven-month low; earnings drag in utilities
The Ibovespa fell 0.1% to close at 166,934, extending its seven-month low as higher bond yields weighed on financials and utilities after Sabesp’s earnings and net debt rose 19.2%.
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The Ibovespa fell 0.1% to close at 166,934, extending its seven-month low as higher bond yields weighed on financials and utilities after Sabesp’s earnings and net debt rose 19.2%.