iShares MSCI Brazil ETF plunges on Brazil presidential election results
EWZ iShares MSCI Brazil ETF
$32.15 -1.41%
View chart & analysis → - 1iShares MSCI Brazil ETF (EWZ) closed down 19.8% on Monday.
- 2Lula won the Brazil presidential runoff election on Sunday with 51.8% of the vote.
- 3Flavio Bolsonaro said he will pursue the invalidation of the election results.
So what's the key point?
The price of related products fell by 19.8 percent as candidate Lula won the Brazil presidential election. Investors are feeling uneasy as movements opposing the election results emerge.
Source The Wall Street Journal +1 · View original ↗
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