29
Despite all the challenges, there are a number of analysts who see chances that Brazil’s stock market might rebound in the next few months. The valuations of the shares have been at a 20-year low since August, reports Emy Shayo Cherman of the US bank JP Morgan. “All the bad news is already being reflected in the markets.” Cherman expects the Brazilian stock exchange to grow by around 25 percent in the coming year. The sectors JP Morgan said might lead the recovery: energy, materials, financials and healthcare.
