Brazil equities soar most since 2020 after Bolsonaro tops first-round vote
Brazil equities soar most since 2020 after Bolsonaro tops first-round vote SAO PAULO, Oct 5 (Reuters) - Brazil's benchmark stock index Bovespa .BVSP on Monday jumped the most since March 2020, and the real currency rallied after senator Flavio Bolsonaro unexpectedly led President Luiz Inacio Lula da Silva in the first round of elections.
Bovespa settled at 206,911.89 points, a new closing record, after a 7.7% jump, the largest since March 24, 2020
Retailer Magazine Luiza MGLU3.SA, conglomerate Cosan CSAN3.SA and stock exchange operator B3 B3SA3.SA were among the main gainers, with each jumping more than 20%
The Brazilian real strengthened 4.12% against the U.S. dollar, settling at 5.00 per greenback, the lowest closing level since May 21
Interest rate futures closed down more than 130 basis points for some maturities
(Reporting by Igor Sodre, Fabricio de Castro, Fernando Cardoso and Andre Romani in Sao Paulo; editing by Gabriel Araujo)
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