UPDATE 2-Volatility drives away foreign investors from Brazil, but IPOs arouse interest
Foreign investors have sold
off 20.3 billion reais ($5 billion) in Brazilian stocks so far
this year, but the 13-year high in outflows has coincided with
strong demand for several recent stock offerings, easing the
gloom for some bankers.
off 20.3 billion reais ($5 billion) in Brazilian stocks so far
this year, but the 13-year high in outflows has coincided with
strong demand for several recent stock offerings, easing the
gloom for some bankers.
Posted by Reuters