Brazil’s Stock Market Surges as Bolsonaro Gains in Poll

Brazil's stock market reacted positively on Tuesday, showing its biggest gain in two years, following the latest opinion poll showing Bolsonaro gaining support as the election nears.

By Nelson Belen, Contributing Reporter

RIO DE JANEIRO, BRAZIL - As Brazil's divisive 2018 election draws near, the country's financial markets surged on Tuesday, October 2nd, on the back of reports that support for controversial right-wing presidential candidate Jair Bolsonaro is rising according to the latest opinion poll.

Brazil’s benchmark Bovespa stock market (IBOVESPA) gained 3.78 percent on Tuesday, its biggest one-day gain since November 7th, 2016, when it jumped . . .

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