The Ibovespa surged 1.8% to close at 186,241 on Monday, extending its rally to fresh record highs as strong gains in heavyweight banks, commodities and growth names reinforced a broad-based risk-on tone. Financials led the advance, with Banco Santander Brasil surging 6%, Banco do Brasil up 2% and Bradesco higher by 1.4%, as easing domestic rate expectations and resilient earnings momentum continued to support the sector. Commodity-linked stocks also provided firm support, with Vale rising 1.9% on stable iron ore prices and Petrobras gaining 2% as oil prices steadied after recent volatility tied to Middle East developments. Industrials and growth stocks added to the upside, led by WEG, Embraer and Magazine Luiza, the latter surging more than 7% as appetite for higher-beta names improved. Elsewhere, B3 advanced 3.4% alongside the broader market rally, while utilities and defensives lagged modestly.
Brazil's main stock market index, the IBOVESPA, rose to 186241 points on February 9, 2026, gaining 1.80% from the previous session. Over the past month, the index has climbed 14.15% and is up 48.31% 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 187334 in February of 2026. Brazil Stock Market (BOVESPA) - data, forecasts, historical chart - was last updated on February 10 of 2026.
Brazil's main stock market index, the IBOVESPA, rose to 186241 points on February 9, 2026, gaining 1.80% from the previous session. Over the past month, the index has climbed 14.15% and is up 48.31% 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 180254.32 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 164984.11 in 12 months time.