Ibovespa Reclaims 160,000 Level in Pre-Holiday Rally

Key Points Ibovespa surged 1.46% to reclaim 160,456 points on December 23, driven by broad gains in banking and utilities amid controlled inflation. Mid-December inflation preview at 4.41% eased pressures, reinforcing expectations for monetary stability and supporting market resilience. Global equities advanced, with U.S. indices hitting records on robust GDP data, providing a favorable backdrop […]