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Brazil’s Stock Market Surges as Bolsonaro Gains in Poll

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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