EWZ volume spikes to 2017 high as Bolsonaro leads Brazil presidential race

Trading volume in EWZ, the main Brazil equity ETF in New York, hit its highest since May 2017 (Joesley Day) as Flavio Bolsonaro took the lead over Lula in the first round of the presidential race. The surge reflects heightened investor attention and positioning ahead of a potential political shift. Volume data is raw share count, not turnover, and the market impact remains uncertain.