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.
Brazil's main stock market index, the IBOVESPA, rose to 189211 points on March 2, 2026, gaining 0.22% from the previous session. Over the past month, the index has climbed 1.90% and is up 53.77% 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 2 of 2026.
Brazil's main stock market index, the IBOVESPA, rose to 189211 points on March 2, 2026, gaining 0.22% from the previous session. Over the past month, the index has climbed 1.90% and is up 53.77% 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.