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Brazilian stocks keep sliding after election, with some analysts calling the selloff overdone

By ChordNews · First written

Investors eye Brazilian equities after election selloff
Image: semafor.com
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Summary

Brazilian stocks continued to sell off on Wednesday after the election, but some analysts have suggested that the overdone reaction now makes Brazilian equities more attractive.

This continues an earlier story: Brazil markets slide after Lula's reelection upset, with Petrobras and Braskem hit hard

Timeline

  1. Semafor

    Source ↗

    Semafor reports that Brazilian stocks continued to sell off Wednesday, but some analysts have suggested that the overdone reaction now makes Brazilian equities more attractive.

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