Investors withdrew from ETFs providing exposure to Brazilian stocks on Thursday.
Brazilian large and mid-cap stocks are going through a challenging period but they bounced back yesterday.
Brazil is the most infected nation and has the highest death toll in South America due to Covid-19.
ETFs seeking to replicate Brazilian stocks indices experienced a tough market session last Friday following the country’s political crisis.
Management of the Amazonia fires crisis as well as growing tensions with France are pulling down the ETFs included in the TrackInsight segment of Brazilian Stocks.
La gestion des feux en Amazonie ainsi que les tensions grandissantes avec la France ont envoyé à la baisse les ETFs inclus dans le segment TrackInsight des valeurs brésiliennes en moyenne ce lundi 26 Août.