Brazilian ETFs fall after Lula victory in presidential election

0
16

European-listed Brazilian exchange-traded funds fell on Monday after Luiz Inácio Lula da Silva defeated Jair Bolsonaro in the Brazilian presidential elections. The London-listed iShares MSCI Brazil UCITS ETF IBZL, -5.14% fell 4% and the Amundi MSCI Brazil UCITS ETF BRZ, -2.75% fell 3% in Paris. The iShares MSCI Brazil ETF EWZ, -0.57% dropped 5% in U.S. premarket trade. Bolsonaro has yet to concede.

This article was originally published by Marketwatch.com. Read the original article here.

Previous articleBrazil ETFs fall after Lula victory
Next articleDow Jones Newswires: Eurozone inflation hits 10.7% in October

LEAVE A REPLY

Please enter your comment!
Please enter your name here