Brazilian stocks jump as Bolsonaro now seen as heavy favorite to win presidency
Bolsonaro will face incumbent Lula da Silva in a runoff on Oct. 25.
CNBC reports: Bolsonaro will face incumbent Lula da Silva in a runoff on Oct. 25.
The moves come after the first round results of Brazil's presidential election on Sunday.
This business story centres on Brazil. Names and organisations mentioned in the coverage include Brazilian, Bolsonaro and Lula.
Why it matters
Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.
Key details
- Location
- Brazil · Americas
- Reported by
- CNBC
- First reported
- Key names
- Brazilian, Bolsonaro, Lula, Silva
- Section
- Business
Sources
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