 Financial Times (blog) |
Americas markets wrap: Brazil budget cuts hit homebuilders
Financial Times (blog) But the index's gains were limited as homebuilders plunged after the government announced a R$5bn cut to its subsidised housing program. MRV Engenharia sank 5.3 per cent, Cyrela lost 2.7 per cent and Rossi Residencial dropped 2.3 per cent. … |
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