- Bovespa (in Br. Real) at all-time high.
- Bovespa (in USD) well of 2008 highs.
- Itau, the largest bank in Brazil - looking quite constructive as it breaks it's downward trend extending back to it's Jan-2020 peak.
- On a relative basis, it appears that JSE banks have out-performed Brazil banks in US Dollar terms.
- Possibly time for Br. banks to some catch-up?
- Available on as an ADR on the NYSE.
- Last close: $5.70
- See related ILF and ILF vs SPY notes.
- Bovespa (in USD) well of 2008 highs.
- Itau, the largest bank in Brazil - looking quite constructive as it breaks it's downward trend extending back to it's Jan-2020 peak.
- On a relative basis, it appears that JSE banks have out-performed Brazil banks in US Dollar terms.
- Possibly time for Br. banks to some catch-up?
- Available on as an ADR on the NYSE.
- Last close: $5.70
- See related ILF and ILF vs SPY notes.
