Ibovespa Hits Record High on Middle East Peace Hopes

2026-04-14 14:02 By Isabela Couto 1 min. read

The Ibovespa edged up to a record high of about 199,000 on Tuesday as expectations grew for a Middle East war resolution, with US and Iranian negotiating teams potentially resuming talks in Islamabad this week.

Oil prices fell on hopes for an end to conflict-driven supply shortages, easing stagflation and rate hike fears, reducing pressure on banking stocks.

Itaú and Bradesco each gained nearly 1%.

Utilities also posted gains, with Axia up about 1% and Sabesp advancing more than 0.5%.

Other notable performers included Embraer (+1.2%) and Rede D'Or (1.4%).

In contrast, Petrobras fell over 1% on lower oil prices.

Also.

WEG lost over 2% on weaker expected Q1 2026 results, scheduled for release later this month.



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Ibovespa Near Record, Petrobras Slides
The Ibovespa rose 0.33% to close at 198,657 on Tuesday, holding near record highs after earlier touching the 199,000 mark and extending its strong upward trend, as optimism over a potential Middle East de-escalation and renewed US-Iran talks continued to support sentiment. Lower oil prices eased inflation and rate concerns, underpinning financial and utility stocks, while pressuring energy shares. Among gainers, Banco do Brasil jumped 2.59%, Eletrobras gained 2.33%, and Rede D'Or advanced 1.49%. Itau and Santander Brasil also posted gains. Vale rose 1.13%. On the downside, Petrobras tumbled 4.28%, leading losses as crude prices declined, while WEG edged lower, extending recent weakness.
2026-04-14
Ibovespa Hits Record High on Middle East Peace Hopes
The Ibovespa edged up to a record high of about 199,000 on Tuesday as expectations grew for a Middle East war resolution, with US and Iranian negotiating teams potentially resuming talks in Islamabad this week. Oil prices fell on hopes for an end to conflict-driven supply shortages, easing stagflation and rate hike fears, reducing pressure on banking stocks. Itaú and Bradesco each gained nearly 1%. Utilities also posted gains, with Axia up about 1% and Sabesp advancing more than 0.5%. Other notable performers included Embraer (+1.2%) and Rede D'Or (1.4%). In contrast, Petrobras fell over 1% on lower oil prices. Also. WEG lost over 2% on weaker expected Q1 2026 results, scheduled for release later this month.
2026-04-14
Ibovespa Slips Amid Rising US-Iran Tensions
The Ibovespa edged down to trade below 197,000 on Monday, retreating from Friday's record high as risk aversion rose following failed US-Iran peace talks over the weekend and US Navy preparations to blockade Iranian ports. Oil prices surged, reigniting inflation fears amid supply-shock risks, lifting bond yields and reviving worries over weaker credit demand and potential rate hikes, pressuring banks. Itaú lost more than 1.5%, while Bradesco and Banco do Brasil each shed near 1%. Utilities also posted losses, with Axia and Sabesp both down about 1%. Other laggards included Ambev down 1.2%, Rede D'Or down 1.4%, and WEG down 0.9%. Petrobras, however, gained nearly 2% on surging oil prices.
2026-04-13