● Neutral for Indian equities
Flavio Bolsonaro takes about 47% of Brazil vote, putting Lula near defeat
The brief
- Flavio Bolsonaro took about 47% of the vote
- A separate report said Lula and Flavio Bolsonaro wrapped up campaigns ahead of the first-round vote
- Bolsonaro’s First-Round Lead Sets Brazil Assets for Monday Surge
- Brazil is holding an election — and for the stock market, there’s more to gain than to lose, says fund manager
Brazil’s polarized presidential election
Brazil’s campaign has been shaped by inflation and cost-of-living concerns, corruption and crime. Polls showed Lula widening his first-round lead but remaining tied with Bolsonaro in a runoff, before voters prepared to choose between Lula and Flavio Bolsonaro.
Sunday, 4 October
- Flavio Bolsonaro takes about 47% of Brazil vote, putting Lula near defeat