Brazilian Stocks Decrease 2.5%

Dow Jones08-12 04:31

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

Stocks in Brazil fell Tuesday, as the Bovespa Index fell 2.5% to 167874.64.

Among local companies with a market cap of at least 50 billion Brazilian reais ($9.66 billion), Banco BTG Pactual SA Ord was the biggest laggard, declining 4.9%, followed by shares of AXIA Energia Ord, which declined 4.7%. Shares of Itausa Ord fell 3.9%.

Banco Santander Brasil was the biggest leader during the session, adding 1.7%.

On the currency front, the WSJ Dollar Index was flat at 96.14. The dollar strengthened 1.3% against the real to 5.18 reais.

In the bond markets, the 10-year Brazilian government bond yield fell 0.1 basis point to 6.588%.

Data source: Dow Jones Market Data, FactSet

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