The Brazilian stock market plummeted nearly 17 percent at opening on Monday, following the re-election of President Luiz Inacio Lula da Silva. The leftist leader won 51.8 percent of the vote to 48.2 percent for his right-wing challenger Flavio Bolsonaro, the son of jailed ex-leader Jair Bolsonaro. The sharp drop in the Ibovespa index triggered […]
The post Brazilian stock market plunges nearly 17% after Lula win appeared first on Insider Paper.