Ibovespa Ends in Low with Increased Aversion to Global Risk, but High Petrobras Limits Losses

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After starting the pregón in moderate height due to a more favorable flow for value shares, Ibovespa failed to mitigate the increase of the aversion to global risk and turned to the negative still during the morning. New attacks on boats in the Strait of Ormuz, along with the information that the United States revoked the license that authorized the sales of Iranian oil, caused an increase in oil prices, which raised caution in the business. The…