Ambev Stock Beat Brazil’s Bovespa Last Week. A Short Holiday Week Raises the Stakes
Ambev S.A. shares enter the new week ahead of Brazil’s benchmark after a modest Friday gain capped a choppy five-session run. The brewer’s B3-listed stock closed at R$16.32 on May 29, up 0.18% on the day and about 1.4% above its May 22 close, while the Ibovespa, Brazil’s main stock index, fell about 1.4% over the same span.
