Ibovespa plunges 13.88% on Lula re-election, fiscal concerns mount
Published 4 h ago6 sourcesEvidence: Reported
Banco do Brasil shares rose after a nearly 30% decline, but market sentiment remains cautious as investors await Q3 earnings on November 11. The rebound may reflect technical buying or short-covering, but underlying concerns about asset quality and state-owned bank governance persist.
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