Individual investors are participating more in the Brazilian equity market according to an article by Claus Born at Franklin Templeton. He notes that low-interest rate is driving more people looking for yield to the equities. Currently the short-term interest rate, the selic, is at just 2% relative to about 14% four years ago. So it is …
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Brazil is one of the top energy player in the world. The country ranks 9th in the world in oil and gas production. In terms of electricity generation, Brazil is a top producer renewable energy. Hydro accounts for 82% of Brazilian electricity generation. So much electricity is generated after domestic consumption, the surplus is exported …
Continue reading ‘The Energy Sector of Brazil: Infographic’ »
Brazilian bank Itau Unibanco(ITUB) has announced a stocks split in the ratio of 1:1 on its ADRs. Holders will receive one additional ADR for each two ADRs held as of the record date. The full details of the stock split are detailed in the notice below. Itaú Unibanco Holding S.A. NOTICE TO STOCKHOLDERS 50% Stock Split: …
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The Brazilian Bovespa Index has recovered strongly since the lows reached recently in 2016. The index reached below the 40,000 in early 2016. Since then it has soared and reached to close at 85,824 yesterday – more than doubling in value. In 2017, the Bovespa was one of the top performing indices in the world. …
