Overview 2020: IBOVESPA Closes at 119,000, Up 3% over 2019; Dollar Rises 29%

Vaccination against Covid in other countries, fiscal measures in the U.S. and Justice Lewandowski's decision extending the calamity period in Brazil were critical to the rise in the index

RIO DE JANEIRO, BRAZIL - The Brazilian stock market was turbulent up to the last trading session in 2020. After beating the historical intraday record of 120,149 points, the IBOVESPA lost ground and began to swing between losses and gains to close Wednesday, December 30th, down 0.33% to 119,017 points. The financial volume reached R$29,4 (US$5.8) billion.

With this performance, the main B3 index failed to beat its closing record, registered on January 23rd this year, at 119.527 points. Nevertheless the benchmark closed 2020 in the blue, with an accumulated rise of 3 . . .

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