The Ibovespa edged 0.1% higher to close at 167,927 on Thursday, supported by gains in commodity-related stocks. Petrobras rose 2.8%, tracking a strong increase in oil futures, which also boosted PRIO, up 0.8%. Oil prices continued to rise as the war with Iran appeared increasingly far from a resolution after US President Donald Trump announced a package of measures aimed at hurting Iran’s economy. Vale jumped 2.6%, despite a decline in Chinese iron ore futures. Steelmakers, however, remained under pressure amid expectations of a possible agreement between Canada and the US that could lead to lower US tariffs on Canadian steel, making Brazilian companies less competitive. Gerdau fell 2.5%. Banks struggled as bond yields moved higher on energy-driven inflation concerns. Banco do Brasil fell 0.2%, Bradesco dropped 1.7% and Itaú lost 2.2%. Elsewhere, Ultrapar gained 1.1% after brokerages raised their price targets. Marcopolo rose 6.5% following a share buyback and dividend announcement.
Brazil's main stock market index, the IBOVESPA, rose to 167927 points on August 20, 2026, gaining 0.06% from the previous session. Over the past month, the index has declined 3.11%, though it remains 24.84% higher than a year ago, 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 August 20 of 2026.
Brazil's main stock market index, the IBOVESPA, rose to 167927 points on August 20, 2026, gaining 0.06% from the previous session. Over the past month, the index has declined 3.11%, though it remains 24.84% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from Brazil. The Ibovespa is expected to trade at 164476.73 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 148521.18 in 12 months time.