Brazilian Stocks To Buy 2017 May 2026
In 2017, Brazil's stock market was characterized by a robust recovery from a deep recession, with the benchmark gaining approximately 22.3% in local currency and the MSCI Brazil Index returning 24.11% in USD terms . The rally was largely driven by falling inflation and interest rates (the Selic rate), which stimulated domestic consumption and exports. Top Recommended Stocks (2017)
: Despite the gains, the year was marked by significant volatility, particularly in May 2017, when political scandals involving President Michel Temer caused a sharp temporary drop in the market.
: As Brazil's largest private bank, it was a preferred choice for investors looking to capitalize on the country's broader economic recovery and lower interest rate environment. Market Performance & Economic Context brazilian stocks to buy 2017
: The state-controlled oil giant was viewed as a turnaround play following years of political scandal, benefiting from rising oil prices and corporate restructuring.
: Lower inflation allowed the central bank to cut the Selic rate toward 7.0%, significantly reducing the cost of credit and boosting equity attractiveness. In 2017, Brazil's stock market was characterized by
Analysts and investment outlets like The Motley Fool identified specific industry leaders as top picks during the year:
: A dominant force in global iron ore and nickel production. It was favored for its potential to benefit from a commodity price rebound and operational efficiency. : As Brazil's largest private bank, it was
: Beyond the "big three" (Vale, Petrobras, Itaú), other notable performers included Ambev (ABEV) in consumer goods and SABESP (SBS) in utilities. Msci Inc (MSCI) 60.77% since Jan 4, 2017 As of Apr 28, 15:05 GMT+3 • Disclaimer Dec 30, 2017 MSCI Brazil Index