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By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The surprising outcome of Sunday’s presidential elections, with Aecio Neves of the PSDB (Social Democracy Party) winning more than 33 percent of the votes and making it to the second round of elections boosted investors’ spirits in Brazil. The country’s stock market (Bovespa) registered on Monday the highest one-day hike in more than three years, closing the day up by 4.72 percent at 57,115 points.

“Aecio Neves is the candidate of the Subscribe to our Premium Membership Plan. Already Subscribed?