São Paulo – Foreign investors turned R$ 52.8 billion (US$ 30 billion) for share purchase and sold R$ 45.6 billion (US$ 26.2 billion) in shares at Bovespa during the month of January, according to figures disclosed by the institution. With this, the foreign balance was R$ 7.16 billion positive (US$ 4.2 billion).
The figure has been a monthly record since the establishment of the Real, the Brazilian currency, created in July 1994. In this period, the foreign stock market investment surplus had only exceeded R$ 6 billion in May 2009 and in April 2008.
Foreigners also collaborated for the 11.13% growth in the Ibovespa index in January. Among the reasons are improvement on the international scenery, good results in European debt auctions and low share prices in Brazil.
*Translated by Mark Ament
