Brazilian Shares Rise As Eletrobras Sheds Nuclear Stake And Global Tone Brightens

Brazil’s main stock gauge inched higher on Wednesday, with the Ibovespa up 0.65% to 142,603.66, while the real firmed to R$5.46 per dollar. The mood improved after Eletrobras advanced its exit from nuclear assets, easing a long-standing overhang, and a central-bank director said the economy is slowing as expected but not tipping into recession. The […]