Ibovespa Rebounds at Week's End
2026-02-06 21:20
By
Felipe Alarcon
1 min. read
The Ibovespa closed 0.5% higher at 182,950 on Friday, recovering earlier losses and extending recent gains as strength in select cyclicals and domestic stocks offset lingering caution around banks.
Financials remained a drag, with Bradesco slipping again after its cautious 2026 guidance continued to outweigh solid recent results, while Banco do Brasil and Santander Brasil also eased.
In contrast, Itaúsa jumped nearly 3% and B3 surged over 4.5%, providing support to the index.
Petrobras edged lower alongside choppy oil prices ahead of US Iran talks in Oman, while Vale also declined despite recent optimism from brokerage upgrades.
Elsewhere, Eletrobras gained over 1% and Embraer added modestly.
On the macro front, the Finance Ministry slightly trimmed its 2026 growth forecast while raising its inflation projection, keeping the policy backdrop mixed even as the index finished the session up about 0.5%.