Ibovespa Down amid Weak Vale Earnings

2026-02-13 13:49 By Isabela Couto 1 min. read

The Ibovespa fell over 1% to trade below 185,500 on Friday, pressured by heavyweight Vale.

The miner dropped nearly 3% after posting a $3.8 billion net loss in 4Q, widening from a $694 million loss a year earlier, reflecting accounting write-downs despite solid iron ore and copper sales.

Petrobras declined more than 1% as oil prices edged lower amid expectations of a sizable supply surplus, rising inventories, and easing US-Iran tensions.

Ambev fell 2% despite slightly beating forecasts, as revenue and profit both declined 8%.

Banco do Brasil slid over 2% after booking a R$3.6 billion loss related to Braskem shares (-1.2%) used as collateral by Novonor.

On the data front, retail sales fell 0.4% month-over-month in December 2025.

Shares from Raia Drogasil and C&A fell more than 1%, while those from Raízen declined 3%.



News Stream
Ibovespa Closes the Week in the Red
The Ibovespa fell 0.8% to close at 186,293 on Friday, as profit taking in heavyweights and persistent pressure in financials outweighed relief from softer US inflation and lower domestic rates. Vale dropped 2.8% after its 4Q25 results and weaker iron ore prices, while Banco do Brasil slid 2.3% and BB Seguridade plunged 9.6%, leading losses across the banking complex. Petrobras was broadly flat despite crude gains, as US sanctions relief for Venezuela reinforced expectations of ample global supply. The January US CPI came below the expectations, easing Treasury yields and pushing Brazilian DI rates lower. Retail sales are projected to post a ninth consecutive annual increase in 2025, albeit remaining below 2024 levels. The Ibovespa will resume trading on February 18th after the Carnival holiday.
2026-02-13
Ibovespa Down amid Weak Vale Earnings
The Ibovespa fell over 1% to trade below 185,500 on Friday, pressured by heavyweight Vale. The miner dropped nearly 3% after posting a $3.8 billion net loss in 4Q, widening from a $694 million loss a year earlier, reflecting accounting write-downs despite solid iron ore and copper sales. Petrobras declined more than 1% as oil prices edged lower amid expectations of a sizable supply surplus, rising inventories, and easing US-Iran tensions. Ambev fell 2% despite slightly beating forecasts, as revenue and profit both declined 8%. Banco do Brasil slid over 2% after booking a R$3.6 billion loss related to Braskem shares (-1.2%) used as collateral by Novonor. On the data front, retail sales fell 0.4% month-over-month in December 2025. Shares from Raia Drogasil and C&A fell more than 1%, while those from Raízen declined 3%.
2026-02-13
Ibovespa Slips Amid Mixed Earnings
The Ibovespa edged down to trade below 189,500 on Thursday amid another round of corporate earnings. Itaú BBA revised its estimates for the pulp and paper sector, downgrading Klabin to market perform from outperform, sending the stock down over 2.5%. The bank maintained its outperform rating on Suzano and raised its end-2026 target price after upbeat quarterly results; shares rose 0.4%. Meanwhile, Banco do Brasil jumped nearly 5% after reporting adjusted net income of R$5.7 billion in 4Q25, down 40.1% year-on-year but up 51.7% quarter-on-quarter, above expectations. Likewise, Ambev gained almost 4% after topping forecasts for net revenue and adjusted EBITDA. In contrast, Petrobras fell 1% as oil prices declined.
2026-02-12