🔔 The dashboard: Brazil’s benchmark stock index Ibovespa gained 3.21 percent this week. Meanwhile, the Brazilian Real gained 0.21 percent against the U.S. Dollar this week.Â
- Biggest gains: Locaweb (tech), +31.76 percent.
- Biggest drops: Alpargatas (retail), -12.01 percent.
Brazilians once again prefer to invest in fixed income
From January to June, investments by individuals in the retail, high-income, and private-banking segments reached BRL 4.65 trillion (USD 887.2 billion), a 2.8-percent increase compared to the previous semester, per new data from Anbima, the Brazilian association of capital market institutions.
- Fixed income accounted for 61.3 percent of investments, a higher rate than in 2020 and 2021. Variable income, meanwhile, lost ground, with its share of investments dipping from 19.5 to 16.7 percent.