Brazilian Stocks Fall 1.7%

Dow Jones08-08

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Brazil fell Friday, as the Bovespa Index fell 1.7% to 172513.42.

Among local companies with a market cap of at least 50 billion Brazilian reais ($9.81 billion), Petroleo Brasileiro Ord was the biggest laggard, falling 3.4%, followed by shares of Itau Unibanco Holding Ord, which declined 2.7%. Shares of B3 Brasil Bolsa Balcao declined 2.7%.

Embraer was the biggest leader during the session, rising 0.9%, and Banco Santander Brasil climbed 0.1%.

On the currency front, the WSJ Dollar Index declined 0.3% to 95.91. The dollar weakened 0.5% against the real to 5.10 reais.

In the bond markets, the 10-year Brazilian government bond yield declined 4.6 basis points to 6.534%.

Data source: Dow Jones Market Data, FactSet

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