The Ibovespa rose 1% to trade above 177,000 on Tuesday after Brazil's mid-July inflation report came in below expectations. Annual inflation slowed to 4.52%, below forecasts of 4.67% and down from 4.8% in June. The softer reading, together with June's lower-than-expected inflation data, reinforced expectations of a 25-basis-point Selic rate cut next week. Financials posted gains, with Itaú, Itaúsa, and Banco do Brasil up around 1.5%, while Bradesco gained nearly 2%. Bradesco and Santander (+2%) are due to report earnings on Wednesday. Utilities also advanced, with Axia rising nearly 3% and Sabesp adding almost 1.5%. Ambev gained about 2% ahead of its earnings release on Thursday. WEG extended recent gains, rising 1% after Goldman Sachs upgraded the stock to Neutral from Sell, citing more balanced market expectations. The company secured a contract from ENGIE Brasil to supply generating units for the R$1.2 billion Jaguara hydroelectric plant expansion project.

Brazil's main stock market index, the IBOVESPA, rose to 176981 points on July 28, 2026, gaining 0.94% from the previous session. Over the past month, the index has climbed 2.18% and is up 33.34% 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 Ibovespa reached an all time high of 199355 in April of 2026. Ibovespa - data, forecasts, historical chart - was last updated on July 28 of 2026.

Brazil's main stock market index, the IBOVESPA, rose to 176981 points on July 28, 2026, gaining 0.94% from the previous session. Over the past month, the index has climbed 2.18% and is up 33.34% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from Brazil. The Ibovespa is expected to trade at 170375.28 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 155158.40 in 12 months time.



Indexes Price Day Month Year Date
IBOVESPA 177,260.00 1,926.00 1.10% 2.34% 33.55% Jul/28

Components Price Day Year MCap Date
Petrobras 47.00 0.95 2.06% 34.21% 75.72B Jul/28
Vale 75.43 -0.26 -0.34% 36.75% 68.37B Jul/28
Ambev 16.35 0.49 3.09% 23.96% 52.31B Jul/28
WEG 46.64 0.24 0.52% 26.98% 38.79B Jul/28
Banco Do Brasil 20.71 0.21 1.02% 3.81% 23.18B Jul/28
Axia Energia SA 52.55 1.28 2.50% 39.72% 21.38B Jul/28
B3 Sa Brasil Bolsa Balcao 15.91 0.19 1.21% 25.18% 19.46B Jul/28
Banco Santander Brazil 27.68 0.32 1.17% 5.09% 18.64B Jul/28
Itaúsa 13.80 0.08 0.58% 34.63% 17.36B Jul/28
Banco Bradesco 16.39 0.11 0.68% 23.51% 17.17B Jul/28




Related Last Previous Unit Reference
Brazil Inflation Rate 4.64 4.72 percent Jun 2026
Brazil Interest Rate 14.25 14.50 percent Jun 2026
Brazil Unemployment Rate 5.60 5.80 percent May 2026

Ibovespa
The IBOVESPA is a major stock market index which tracks the performance of around 50 most liquid stocks trade. Stock index prices displayed on Trading Economics are based on over-the-counter (OTC), contract for difference (CFD), perpetual futures, and other derivative financial instruments intended to provide a general market reference only. These prices do not represent official exchange-traded index values or official licensing data from exchanges or index providers. The data is supplied by third-party providers and may differ from official market prices, settlement values, or real-time exchange data. While efforts are made to ensure reliability, Trading Economics does not independently verify the data and makes no representations or warranties regarding its accuracy, completeness, or fitness for any particular purpose. Users seeking official real-time or settlement data should obtain it directly from the relevant exchanges or authorized market data providers.
Actual Previous Highest Lowest Dates Unit Frequency
176981.00 175334.00 199355.00 0.00 1988 - 2026 Daily

Market Data Coverage: Brazil

News Stream
Ibovespa Jumps on Soft Mid-Month Inflation
The Ibovespa rose 1% to trade above 177,000 on Tuesday after Brazil's mid-July inflation report came in below expectations. Annual inflation slowed to 4.52%, below forecasts of 4.67% and down from 4.8% in June. The softer reading, together with June's lower-than-expected inflation data, reinforced expectations of a 25-basis-point Selic rate cut next week. Financials posted gains, with Itaú, Itaúsa, and Banco do Brasil up around 1.5%, while Bradesco gained nearly 2%. Bradesco and Santander (+2%) are due to report earnings on Wednesday. Utilities also advanced, with Axia rising nearly 3% and Sabesp adding almost 1.5%. Ambev gained about 2% ahead of its earnings release on Thursday. WEG extended recent gains, rising 1% after Goldman Sachs upgraded the stock to Neutral from Sell, citing more balanced market expectations. The company secured a contract from ENGIE Brasil to supply generating units for the R$1.2 billion Jaguara hydroelectric plant expansion project.
2026-07-28
Ibovespa Closes Higher as Oil Prices Retreat
The Ibovespa rose 0.7% to close at 175,335 on Monday as a pause in the Middle East conflict sent oil prices lower and eased inflation concerns. Crude prices fell after the US and Iran halted strikes over the weekend amid renewed diplomatic efforts, with President Trump reportedly open to restarting peace talks. The pullback in oil prices supported financials, with Itaú gaining 1.4%, Bradesco rising 1.2%, and Itaúsa advancing 2%. Utilities moved higher, led by Axia (+2%) and Sabesp (+1.7%). WEG gained 0.9% after Bradesco BBI upgraded the stock to Outperform and JPMorgan raised its rating to Overweight. The company also secured a contract to supply two generating units for Engie's Jaguara hydroelectric plant expansion. Embraer jumped 5.3% after reporting a record second-quarter backlog of $34.5 billion. In contrast, Petrobras fell 2.8% as lower oil prices weighed on the stock. Investors will focus on July's mid-month inflation report on Tuesday for clues on the monetary policy outlook.
2026-07-27
Ibovespa Rises as Oil Prices Retreat
The Ibovespa edged up to trade above 174,500 on Monday as a pause in the Middle East conflict drove oil prices lower and eased inflation concerns. Crude prices fell after the US and Iran halted strikes over the weekend amid renewed diplomatic efforts, with President Donald Trump reportedly open to restarting peace talks. The pullback in oil prices supported financials, with Itaú and Bradesco each gaining nearly 1%. Utilities also advanced, led by Axia, up more than 2%, while Sabesp gained nearly 1%. WEG rose about 4% after Bradesco BBI upgraded the stock to Outperform and JPMorgan raised its rating to Overweight. The company also secured a contract to supply two generating units for Engie Brasil's Jaguara hydroelectric plant expansion. Embraer climbed more than 3% after reporting a record second-quarter backlog of $34.5 billion. In contrast, Petrobras fell nearly 3% as lower oil prices weighed on the stock.
2026-07-27