Brazil stock market collapses due to threat of new variant of the coronavirus

The main index of shares of Brazil plummeted on Friday due to the climate of global aversion to risk assets, after the identification of a new variant of the Covid-19, call Omicron, raised fears about the economic impact of an increase in the pandemic.

According to preliminary data, the Bovespa it fell 3.26% to 102,356.34 points, which would be the biggest decline since October 19. At the low of the session, the index fell to 101,494.70 points and renewed the lowest intraday level of the year.

In the week, the Bovespa fell 0.66%, the second consecutive decline, also according to preliminary data.

At exchange market, the real closed with a decline of 0.55% to 5.5961 units per dollar.


Leave a Comment