Foreign inflows into B3 hit R$3.6bn on Sep 18; monthly surplus R$9.2bn

Foreign investors poured R$3.6bn into B3's secondary market on Sep 18, extending the monthly surplus to R$9.2bn and year-to-date positive balance to R$27.5bn, even as the Ibovespa fell 0.41% on options expiration. Institutional investors withdrew R$2.6bn the same day, deepening their monthly deficit to R$7.2bn and yearly negative to R$35.8bn. The divergence underscores sustained foreign appetite for Brazilian equities despite domestic institutional selling.