Foreigners Tighten Hold on Brazil Stocks as Locals Sit Out Rally

Stock market data at the Brasil Bolsa Balcao stock exchange in the financial district of Sao Paulo. — Stock market data at the Brasil Bolsa Balcao stock exchange in the financial district of Sao Paulo.
Photographer: Victor Moriyama/Bloomberg

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By Leda Alvim and Cristiane Lucchesi

April 23, 2026 at 1:05 PM UTC

Leia em português

The surge in foreign inflows into Brazilian equities is set to extend for the rest of the year amid revived risk appetite across global markets, according to top banking executives.