Foreigners Invest R$30 Billion in Brazilian Stock Exchange in November, Most since 1995

The IBOVESPA index on Friday hit a high of 18% in the month, one of the highest jumps among the main world stock exchanges.

RIO DE JANEIRO, BRAZIL - The Brazilian Stock Exchange has never witnessed as much foreign money as this November. Global optimism prompted by the election of Joe Biden in the United States and, particularly the good news associated with the progress of Covid-19 vaccines, led investors from abroad to place R$30 (US$5.6) billion in the B3 this month, the highest figure since 1995, when this data began to be recorded.

The IBOVESPA index on Friday hit a high of 18% in the month, one of the highest jumps among the main world stock exchanges.

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