Brazil equity ETF jumps after Flávio Bolsonaro leads first round of Brazil's presidential election

The US-listed Brazil equity ETF ($EWZ) rose about 12% after Flávio Bolsonaro led the first round of Brazil's presidential election 47%-45% over President Lula da Silva, with Petrobras and other Brazilian ADRs higher. Bolsonaro is running on a pro-market platform of tighter spending, privatizations and lower taxes.

Detected & updated continuously · Source: Nebula