Vale Tops Brazil Brokers’ June Picks as Defensive Mood Sets In

Brazil · Markets Key Facts —The pick: Miner Vale is the unanimous choice across the 10 leading brokerages surveyed for June. —The backdrop: Brazil’s main index fell 7.22% in May, its worst month since early 2023. —The resilience: Vale rose about 2% in May, the rare gainer, helped by iron ore near $110 a tonne. […] The post Vale Tops Brazil Brokers’ June Picks as Defensive Mood Sets In appeared first on The Rio Times .