BUSINESSJun 12 · 06:06 UTCTHE RIO TIMESIolanda Fonseca

Brazil’s Stock Market Surges Off Its Floor as the Real Firms

The Ibovespa index rose 1.71% as a stronger real and improved market sentiment following the US inflation report boosted Brazilian stocks. The stock market surged off its support line, indicating positive momentum.

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BrazilplaceIbovespatopicrealtopicUS inflation reporttopicThe Rio Timesorganization

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