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Brazil ETF EWZ Falls 20% In A Day After Lula Wins A Fourth Term | WAPE

Newsbenzinga

Brazil ETF EWZ Falls 20% In A Day After Lula Wins A Fourth Term

Oct 30, 2026, 08:21 ET · Published

Article summary

Brazil ETF EWZ fell 20% the day after Lula's runoff win as shares and the real fell together. Banks led; exporters held up. Its P/E is now 9.3x.

An excerpt from the original article.

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