Brazilian Equities Slightly Higher

Brazil's benchmark Ibovespa stock index was trading slightly above the 107,500 level on Friday, after two straight sessions of losses, mainly supported by gains in shares of heavyweight miner Vale, the steel sector and oil and pulp companies.

Meanwhile, president-elect Lula da Silva announced today the names of six members of the government for 2023, including Fernando Haddad for the Ministry of Finance.