Brazil stocks lower at close of trade; Bovespa down 1.08%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 22 2024
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Should l Buy ?
Source: Yahoo Finance
Brazilian Stock Market Performance: Brazil's Bovespa index closed down 1.08%, primarily due to losses in the Real Estate, Consumption, and Financial sectors, with falling stocks outnumbering advancing ones by 495 to 444.
Notable Stock Movements: Embraer SA and WEG SA reached all-time highs, gaining 2.24% and 1.44% respectively, while Cvc Brasil ON saw a significant decline of 7.39%.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
