Brazil's Ibovespa plunges 13.9%, triggering first circuit breaker since 2020 after Lula's win

Brazilian markets bled after Lula's re-election, with the Ibovespa closing down 13.9% at 176,608 on Monday, its worst day since March 2020 and fifth-biggest one-day fall since 1995, after an intraday plunge of more than 17% triggered the first circuit breaker since 2020. More than half the index's members fell at least 10%, and the real devalued sharply.

Detected & updated continuously · Source: Nebula