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Brazil Retail Stocks Plunge After Lula Win
Rio TimesBrazil · SOUTH AMERICA
Magazine Luiza, Assaí, C&A and Renner lost 35% to 59% of their value on 26 October 2026 as Brazil's interest rates jumped after Lula's election win. The post Brazil Retail Stocks Plunge After Lula Win...
Magazine Luiza, Assaí, C&A and Renner lost 35% to 59% of their value on 26 October 2026 as Brazil's interest rates jumped after Lula's election win.
The post Brazil Retail Stocks Plunge After Lula Win appeared first on The Rio Times.