Ibovespa Rebounds as Mid-Month Inflation Matches Forecast

2025-12-23 13:53 By Isabela Couto 1 min. read

The Ibovespa climbed 1.4% to close at 160,333 on Tuesday, rebounding from the previous session’s losses as investors digested fresh inflation data.

Brazil’s mid-month inflation rose 4.41% in December, coming in largely in line with forecasts of 4.4% and staying within the central bank tolerance target range of 1.5% to 4.5%, easing concerns over near-term price pressures.

Major banks led the gains, with Banco Do Brasil and Santander adding 2% and 4.6%, respectively.

Utilities also performed well, as Axia rose 2.2% and Sabesp rose 3%.

Other notable gainers included Ambev (+2.4%), WEG (+0.8%), and Rede D'Or (+3.1%).

In contrast, Petrobras fell 2.8% amid uncertainty surrounding the fallout from a recently concluded nationwide strike by its workers.



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