As Brazil continues to benefit from the return of growth and controlled interest rates and inflation, the São Paulo Stock Exchange (B3) has recorded an unprecedented growth curve. In addition to reaching historical highs, the Brazilian stock market has outperformed some of the largest stock exchanges in the world. This means more people are betting on national companies and the country’s future.
A survey conducted by the Brazilian government portal shows that the Ibovespa (the benchmark index of B3) recorded the highest growth rates in the world in the first quarter of 2018. While the Brazilian stock market rose 8.65% in Q1, the runner-up on the list, Argentina, recorded an increase of 3.87%.
The numbers also show that Brazil is going against the trend of stock exchanges in developed countries, such as London, Hong Kong, and New York, which faced bitter losses in the first three months of the year. According to experts, the government’s management of economic policy has been crucial for this positive scenario in Brazil.
According to Bruno Fernandes, an economist at the National Confederation of Trade in Goods, Services, and Tourism (CNC), the outlook is that the Brazilian economic scenario will improve even further in the coming months. Data from the entity shows 
that business confidence indicators continue to rise, which may lead to increased investments, more hiring, and a boost to the positive cycle the country has entered, which has been driving the stock market up. “The process, although slow, of job and income recovery tends to further boost business confidence,” says Fernandes.
A strong capital market, with many publicly traded companies and investors, is important for economic growth. A stock exchange with significant numbers means that companies have access to cheaper credit and, consequently, invest more easily, which expands our workforce, creating jobs and wealth for the country.
Source: www.brazilgovnews.gov.br