On the primary day of the Luiz Inácio Lula da Silva (PT, progressive-globalist) authorities and after the ex-governor paralyzed the privatizations, the shares of the 5 main Brazilian state-owned firms suffered a considerable setback and misplaced R$31.8 (US$5.6) billion in market worth within the first buying and selling session of the 12 months.
As calculated by the funding platform TradeMap, Petrobras, Banco do Brasil, Eletrobras, Caixa Seguridade, and BB Seguridade suffered vital devaluation.
In the final buying and selling session of 2022, the overall market worth of the state-owned firms was R$634.6 billion and . . .
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