The Ibovespa staged a late-session recovery to close 0.3% higher at 189,307 on Monday, overcoming an early plunge driven by Middle East warfare. While joint US-Israeli strikes on Iran initially rattled global markets, the Brazilian index was bolstered by a powerful 5% surge in Petrobras as the closure of the Strait of Hormuz sent oil prices soaring. This energy-led rally was supported by Eletrobras, which gained 1.6%, and B3, up 3.5%. However, the broader market remained under pressure as the threat of energy-driven inflation fueled expectations for a more hawkish stance from the BCB. Major banks were mixed to lower, with Itaúsa falling 0.9% and Bradesco down 0.3%, while miners like Vale slipped 0.5% on global demand concerns. Despite ongoing weakness in industrial names like WEG and consumer-facing stocks like Ambev, the Ibovespa benefited from a "buy the dip" move mirroring Wall Street's recovery as traders bet on the resilience of commodity-heavy emerging markets.

Brazil's main stock market index, the IBOVESPA, rose to 189307 points on March 2, 2026, gaining 0.28% from the previous session. Over the past month, the index has climbed 1.96% and is up 53.85% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from Brazil. Historically, the Brazil Stock Market (BOVESPA) reached an all time high of 192624 in February of 2026. Brazil Stock Market (BOVESPA) - data, forecasts, historical chart - was last updated on March 3 of 2026.

Brazil's main stock market index, the IBOVESPA, rose to 189307 points on March 2, 2026, gaining 0.28% from the previous session. Over the past month, the index has climbed 1.96% and is up 53.85% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from Brazil. The Brazil Stock Market (BOVESPA) is expected to trade at 187223.62 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 170115.95 in 12 months time.



Indexes Price Day Month Year Date
IBOVESPA 189,307.00 520.02 0.28% 1.96% 53.85% Mar/02

Components Price Day Year MCap Date
Vale 88.16 -0.31 -0.35% 64.78% 73.59B Mar/02
Petrobras 44.71 1.98 4.63% 20.03% 56.78B Mar/02
Ambev 15.91 -0.36 -2.21% 24.49% 49.85B Mar/02
WEG 48.69 -1.01 -2.03% 2.18% 41.15B Mar/02
Banco Do Brasil 26.95 0 0% -0.70% 27.77B Mar/02
Banco Santander Brazil 33.52 0.02 0.06% 31.19% 22.07B Mar/02
Centrais Eletricas Brasileiras 62.36 1.09 1.78% 63.08% 20.9B Mar/02
Rede D'Or Sao Luiz 39.70 -0.60 -1.49% 47.15% 18.96B Mar/02
B3 Sa Brasil Bolsa Balcao 18.49 0.59 3.30% 75.59% 18.88B Mar/02
Banco Bradesco 18.29 -0.08 -0.44% 73.65% 18.34B Mar/02




Related Last Previous Unit Reference
Brazil Inflation Rate 4.44 4.26 percent Jan 2026
Brazil Interest Rate 15.00 15.00 percent Jan 2026
Brazil Unemployment Rate 5.10 5.20 percent Dec 2025

Brazil Stock Market (BOVESPA)
The IBOVESPA is a major stock market index which tracks the performance of around 50 most liquid stocks trade.
Actual Previous Highest Lowest Dates Unit Frequency
189307.00 188786.98 192624.00 0.00 1988 - 2026 Daily

Market Data Coverage: Brazil

News Stream
Ibovespa Reverses Early Losses, Closes Higher
The Ibovespa staged a late-session recovery to close 0.3% higher at 189,307 on Monday, overcoming an early plunge driven by Middle East warfare. While joint US-Israeli strikes on Iran initially rattled global markets, the Brazilian index was bolstered by a powerful 5% surge in Petrobras as the closure of the Strait of Hormuz sent oil prices soaring. This energy-led rally was supported by Eletrobras, which gained 1.6%, and B3, up 3.5%. However, the broader market remained under pressure as the threat of energy-driven inflation fueled expectations for a more hawkish stance from the BCB. Major banks were mixed to lower, with Itaúsa falling 0.9% and Bradesco down 0.3%, while miners like Vale slipped 0.5% on global demand concerns. Despite ongoing weakness in industrial names like WEG and consumer-facing stocks like Ambev, the Ibovespa benefited from a "buy the dip" move mirroring Wall Street's recovery as traders bet on the resilience of commodity-heavy emerging markets.
2026-03-02
Ibovespa Slips Below as Middle East Tensions Rattle Markets
The Ibovespa fell 1% toward 187,200 on Monday, mirroring global equity declines amid escalating Middle East tensions that threaten prolonged conflict. US attacked Iranian authorities over the weekend and Iran responded by striking multiple Middle Eastern states. Banks fell as the surge in energy prices from the conflict led to hawkish expectations for the BCB and lifted credit costs globally, with Itaú and Bradesco down nearly 1.5%. Utilities also declined, with Axia losing nearly 2% on higher costs of utility sourcing. Meanwhile, WEG (-1.6%), and Rede D’Or (-3%) lagged after disappointing Q4 results. Embraer lost over 2% ahead of it's reports later this week. In contrast, Petrobras surged over 3% as disruption of oil exports in the Persian Gulf triggered a surge in energy prices.
2026-03-02
Ibovespa Drops on Inflation Surge
The Ibovespa fell 1% to close at 188,787 on Friday, pressured by February’s mid-month inflation reading that came in well above expectations. The IPCA-15 rose 0.8%, driven by higher education and transport costs, reducing bets on deeper Selic rate cuts and lifting interbank deposit rates. Major banks traded mixed, Itaú and Banco Santander each lost over 2%, while Bradesco gained about 0.7% after its CEO said new healthcare operations could reach R$50 billion in market value. Meanwhile, Axia slid over 2% on a 37% year-on-year profit decline. In addition, Petrobras was flat on higher oil prices.
2026-02-27