Foreigners net buy R$1B in B3 equities; local institutions sell

Foreign investors added R$1 billion in B3 secondary-market shares on Oct 6, extending a monthly surplus of R$13.7B and a YTD inflow of R$41B, while institutional and retail investors withdrew. The Ibovespa fell 0.52% in a slight correction after an 8% rally, suggesting foreign buying is absorbing domestic selling pressure.