Key Facts
Brazil’s benchmark Ibovespa index fell 1.52% to 173,885 points, tracking a sharp sell-off on Wall Street where the S&P 500 also lost 1.52%.
The Brazilian real held remarkably steady at 5.1174 per US dollar, slipping just 0.07% and extending its role as a haven in a volatile emerging-market session.
Petrobras preferred shares jumped 1.9% with heavy turnover of $258m, defying the gloom after reports the oil major is preparing to enter nuclear power generation.
Utility Sabesp plummeted 5.9% and stock-exchange operator B3 shed 4.2%, leading a rout in rate-sensitive names as a cautious global mood swept through São Paulo.
