RIO DE JANEIRO, BRAZIL - The flow of foreign capital continues to supply the São Paulo stock market. In the first two weeks of December, almost US$1.6 billion has come in through foreign investors, according to the B3. On Friday, December 11th, over US$73 million was captured.
The international interest for Brazilian stocks is based on a number of reasons: 1) emerging markets with greater yield potential; 2) diversification; 3) highly depreciated assets; 4) investment rotation - when the first investments reach the targets and finding new assets is required.
Thus, Brazil is lowering the volume of foreign . . .