Sr. Correspondent, Broker Research, Bangalore, India
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Oct 28, 2014
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Oct 27, 2014
Oct 27, 2014
Oct 27, 2014

Traders cut losses in Brazil companies after Rousseff win

NEW YORK, Oct 27 (Reuters) – Traders who had placed bullish
bets on some of Brazil’s biggest companies ahead of the
country’s presidential elections hastened to cut losses on
Monday, a day after leftist Dilma Rousseff won a second term.

President Dilma Rousseff’s narrow re-election victory over
pro-business rival Aecio Neves on Sunday sent the U.S.-listed
shares of Brazilian companies sharply lower on Monday as
investors remained skeptical about her ability to turn around a
troubled economy.

Oct 27, 2014
Oct 24, 2014
    • About Saqib

      "Saqib is Senior correspondent, Broker Research and leads a team of five reporters covering equities research. He previously worked as a producer on the Reuters Global Online desk. He joined Reuters in 2009 after graduating from the Asian College of Journalism."
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