Ibovespa Sees Strong Gains
2026-03-25 20:35
By
Felipe Alarcon
1 min. read
The Ibovespa surged 1.60% to close at 185,424 on Wednesday as optimism for a diplomatic resolution in the Middle East drove a broad rally and a decline in future interest rates.
Sentiment was bolstered by reports of a 15-point US peace proposal delivered to Tehran which pressured global oil prices and eased inflation concerns domestically.
Utilities and financials led the gains with Sabesp advancing 2.4% and Banco Bradesco climbing 2.2%.
Industrial and consumer leaders also showed strength as WEG rose 2% and B3 jumped 3.7% amid the improved risk environment.
Despite the slump in Brent crude Petrobras remained resilient in positive territory gaining 0.2% while Vale added 1.5%.
In contrast the retail sector saw mixed results with Lojas Renner falling 1.3%.
Most assets ended the day higher as traders weighed the prospect of de-escalation against continued regional hostilities.