Geopolitics Alpha

Tens of thousands of Lula supporters rally on eve of Brazilian election runoff

Published . Updated .

GEOPOLITICS ALPHATens of thousands of Lulasupporters rally on eve ofBrazilian election runoffGEOPOLITICS ALPHA

Nearly 159 million people to head to polls on Sunday in battle between leftwing incumbent and Flávio Bolsonaro Tens of thousands of supporters of Brazil’s leftwing president, Luiz Inácio Lula da Silva, have streamed on to Rio’s most famous beach for a giant protest they hope will propel him towards a historic election fightback against his far-right rival, Flávio Bolsonaro . Nearly 159m Brazilians will vote in the election’s runoff on Sunday, with the pair tied in the polls after Bolsonaro won the first round on 4 October by 47% to 45%. Continue reading...

Directly affected

  • No company is named in this report.

Indirectly affected

  • EWZ iShares MSCI Brazil ETF+12.9% 30d

    iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“brazilian”).

  • CEW WisdomTree Emerging Currency Strategy Fund

    WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Brazil.

  • PBR Petróleo Brasileiro S.A. - Petrobras

    Petróleo Brasileiro S.A. - Petrobras (crude petroleum and natural gas) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazilian”) reaches its shares.

  • ITUB Itaú Unibanco Holding S.A+23.6% 8d

    Itaú Unibanco Holding S.A (state commercial banks) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazilian”) reaches its shares.

  • NU Nu Holdings

    Nu Holdings (finance services) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazilian”) reaches its shares.

  • VALE Vale S.A-3.1% 12d

    Vale S.A (metal mining) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazilian”) reaches its shares.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
EWZNo price data for this ticker———————
CEWNo price data for this ticker———————
PBRNo price data for this ticker———————
ITUBNo price data for this ticker———————
NUNo price data for this ticker———————
VALENo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

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Nearly 159 million people to head to polls on Sunday in battle between leftwing incumbent and Flávio Bolsonaro Tens of thousands of supporters of Brazil’s leftwing president, Luiz Inácio Lula da Silva, have streamed on to Rio’s most famous…

Source: The Guardian

This story

12 out of 100

“Tens of thousands of Lula supporters rally on eve of Brazilian election runoff” scores 12 out of 100. The score uses 1 sources.