Ibovespa Closes Higher on Wednesday

2025-12-10 21:28 By Felipe Alarcon 1 min. read

The Ibovespa closed up 0.7% at 159,075 on Wednesday as markets digested the Federal Reserve cut and awaited the Central Bank of Brazil decision while absorbing November inflation that eased to 4.46% year on year.

The Fed move was largely priced in so attention fell to guidance and Chair Powell’s remarks which kept the path for further easing conditional and helped weaken the dollar, a dynamic that supported emerging market assets including Brazilian equities.

Domestically investors entered the close still watching Copom, with most expecting the Selic to remain at 15% and looking for clues on when cuts may begin in 2026, so high local rates tempered concerns about rapid loosening and supported bond returns.

Vale led the rise adding 1.8%, WEG rising 1.7%, Bradesco up 1.3%, Suzano climbing 2.4%, and Localiza grabbing 2.2%.



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