Brazil's Stocks, Real Advance on Outlook for Economy Turnaround

Updated on
  • Focus shifts from political turmoil to new government measures
  • Itau, Bradesco and Petrobras contribute most to index's gain

Is It Time to Bet on Brazil's Turnaround?

The Ibovespa rose the most among major equity benchmarks and the real advanced as investors anticipated a turnaround in the Brazilian economy while the Senate prepares to decide on proceeding with the impeachment of President Dilma Rousseff.

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