Ibovespa Steady as Investors Weigh US-Iran Peace Prospects

2026-04-16 13:59 By Isabela Couto 1 min. read

The Ibovespa was little changed around the 198,000 mark on Thursday, hovering near the record highs reached earlier in the week, as optimism over a potential peace deal in the Middle East continued to support investor sentiment.

A key Pakistani mediator in Tehran and the Trump administration indicated progress toward a deal that could reopen the Strait of Hormuz.

Oil prices continued to rise amid supply uncertainty, though well below recent peaks, tempering gains for Petrobras, up 0.3%.

Meanwhile, that lifted major banks as energy-driven stagflation fears eased.

Itaú gained 0.5%, while Bradesco and Banco do Brasil each advanced 1%.

Also, Vale rose 1% on higher iron ore prices.

In contrast, Ambev lost more than 2% after UBS downgraded it from sell to neutral.

On the data front, the IBC-Br rose 0.6% monthly, slightly above forecasts of 0.5%, led by a 1.2% industrial expansion.



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Ibovespa Steady as Investors Weigh US-Iran Peace Prospects
The Ibovespa was little changed around the 198,000 mark on Thursday, hovering near the record highs reached earlier in the week, as optimism over a potential peace deal in the Middle East continued to support investor sentiment. A key Pakistani mediator in Tehran and the Trump administration indicated progress toward a deal that could reopen the Strait of Hormuz. Oil prices continued to rise amid supply uncertainty, though well below recent peaks, tempering gains for Petrobras, up 0.3%. Meanwhile, that lifted major banks as energy-driven stagflation fears eased. Itaú gained 0.5%, while Bradesco and Banco do Brasil each advanced 1%. Also, Vale rose 1% on higher iron ore prices. In contrast, Ambev lost more than 2% after UBS downgraded it from sell to neutral. On the data front, the IBC-Br rose 0.6% monthly, slightly above forecasts of 0.5%, led by a 1.2% industrial expansion.
2026-04-16
Ibovespa Dips as Investors Monitor US-Iran Talks Prospects
The Ibovespa inched down to near 197,738 on Wednesday, as investors adjusted positions after the prior session's record while monitoring Middle East peace deal prospects. US President Trump indicated that a second round of talks could resume in Pakistan soon. Oil prices edged higher but remained below recent highs, even as the US continued to enforce a blockade in the Strait of Hormuz. Banks traded mixed, with Itaú gaining 0.81% while Bradesco lost over 0.33%. Meanwhile, Banco do Brasil lost over 4% after Itaú BBA downgraded it to underperform. Elsewhere, Vale gained about 0.1% on higher iron ore quotes. In contrast, Petrobras shed near 1.1% as the oil rally cooled down. Also, WEG lost nearly 2% as investors digest lower expectations for Q1 2026 results.
2026-04-15
Ibovespa Hits Record Level, Petrobras Slides
The Ibovespa rose 0.33% to close at 198,657 on Tuesday, extending its strong upward trend and reaching a new record high 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