|Bid||5.66 x 1400|
|Ask||5.73 x 4000|
|Day's Range||5.59 - 5.83|
|52 Week Range||2.96 - 8.17|
|Beta (5Y Monthly)||0.81|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.26 (4.57%)|
|Ex-Dividend Date||Feb. 11, 2021|
|1y Target Est||8.60|
* S.African budget deficit revised down * Brazil's real up 1%; inflation data raises rate hike case * Eletrobras jumps 6% after privatization plan unveiled * Ecopetrol posts 87.3% drop in annual profit By Susan Mathew Feb 24 (Reuters) - South Africa's rand jumped 1% on Wednesday after the government lowered its annual budget deficit forecast, while most other emerging market currencies rallied against a weaker dollar, putting a key index on course for its best session in two weeks. The rand, which was trading flat against the greenback ahead of the presentation of the budget, shot up to its highest level since January last year after South Africa's Treasury said the deficit had been revised down to 14% of gross domestic product in the 2020-2021 fiscal year, from a previous forecast of 15.7%, and is expected to weigh less on the country's GDP going forward.
Brazilian President Jair Bolsonaro went to Congress on Tuesday to deliver a provisional measure associated with his government's plans to privatize state-run electricity provider Eletrobras. Bolsonaro, who is under fire for announcing a shakeup at Petrobras that sent the oil company's stock tumbling due to fears of government meddling, delivered the measure in person to show his commitment to privatizing state firms. "Our privatization agenda is going full steam ahead," he said after meeting with the leaders of Congress.
A nuclear power subsidiary of Brazil's Eletrobras suffered a cyberattack but no operations were impacted, the state-controlled power holding company said in a filing late on Wednesday. The network that was attacked by ransomware is not related to the operational systems of nuclear energy plants Angra 1 and Angra 2, said Centrais Eletricas Brasileiras, as Eletrobras is formally known.