Brazil Stocks Rise

2025-09-09 14:06 By Isabela Couto 1 min. read

The Ibovespa inched higher to above 142,000 on Tuesday, supported by gains in commodity giants.

Investors are focused on upcoming US inflation data, with markets nearly certain of at least a 25-basis-point reduction.

Domestically, the Supreme Court resumed the trial of former President Jair Bolsonaro over an alleged coup attempt, underpinning political uncertainty.

Vale shares rose by over 2% as expectations that Chinese furnaces will ramp up capacity supported the outlook for iron ore, while Petrobras added more than 1% as Israel's strikes in Qatar lifted crude oil prices.

In turn, banks were mostly lower on concerns that a guilty verdict for Bolsonaro could drive the US to sanction selected accounts of Brazilian judges and politicians.



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