The Ibovespa jumped 1.71% to 171,497 on Thursday, surging off its support line as a firmer real and a calmer mood after the US inflation report lifted Brazilian stocks.
Key Facts
The Ibovespa jumped 1.71% to 171,497 on Thursday June 11 — its strongest gain in some time.
It surged off its support line, recovering back into its recent trading band.
The real firmed to about 5.10 per dollar, the main engine of the rally.
A calmer mood followed the US inflation report, whose softer core reading eased the worst fears.
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