Foreign inflows to B3 hit R$9.1B in Sept, but Q3 net outflow persists

Foreign investors injected R$9.1 billion into Brazil's B3 exchange in September, a sharp reversal from prior months, yet Q3 net outflows reached R$6.45 billion excluding IPOs and follow-ons, or R$4.7 billion including them. Analysts remain cautious, suggesting the monthly inflow may not signal sustained foreign appetite amid broader economic uncertainty.