Despite the Covid-19 pandemic, alarming rates of unemployment, and the general economic crisis Brazil is facing, the country’s B3 stock exchange is on the up. The first semester of the year featured several milestones, from a record entry of foreign investors, to Brazil’s benchmark stock index Ibovespa hovering around all-time-high levels.
Now, the question that analysts are trying to answer is whether we can also expect good results in the second semester. Though the political situation could cause some turbulence, most analysts are cautiously optimistic.
“We have already started seeing positive results for this first semester, and probably in the...