On September 12th, the Brazilian stock market rebounded after 3 days. The main stock index, Bovespa, closed at 137913.68, up 1.69% or 2290.53 points from the previous day. The intraday trading range was between 135,629.09 and 138,414.25.
Buying interest initially pushed the market higher, and the gains extended throughout the day, with the index closing in the high range. Traders are optimistic due to the growing expectations of a US rate cut in September.
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