Ibovespa Muted as Banks Trade Mixed

2026-06-19 13:32 By Isabela Couto 1 min. read

The Ibovespa was little changed near the 168,000 mark on Friday as investors reacted to the suspension of US-Iran talks.

The discussions, aimed at addressing Iran’s nuclear program following a recently signed memorandum of understanding, were delayed after tensions in the Middle East resurfaced and US Vice President JD Vance unexpectedly withdrew.

Meanwhile, Iranian authorities overseeing the Strait of Hormuz said transit fees would be waived during a 60-day negotiation period under the agreement signed with the US earlier this week.

Investors also monitored the release of a new presidential poll.

Banking stocks traded mixed, with Santander Brasil edging higher after Santander became Spain’s most valuable listed company for the first time in eight years.

Meanwhile, Itaú lost more than 0.5%, while Bradesco edged up.

Petrobras slipped as oil prices remained near their lowest levels since the start of the US-Iran conflict, while Vale also edged lower on weaker iron ore prices.



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Ibovespa Muted as Banks Trade Mixed
The Ibovespa was little changed near the 168,000 mark on Friday as investors reacted to the suspension of US-Iran talks. The discussions, aimed at addressing Iran’s nuclear program following a recently signed memorandum of understanding, were delayed after tensions in the Middle East resurfaced and US Vice President JD Vance unexpectedly withdrew. Meanwhile, Iranian authorities overseeing the Strait of Hormuz said transit fees would be waived during a 60-day negotiation period under the agreement signed with the US earlier this week. Investors also monitored the release of a new presidential poll. Banking stocks traded mixed, with Santander Brasil edging higher after Santander became Spain’s most valuable listed company for the first time in eight years. Meanwhile, Itaú lost more than 0.5%, while Bradesco edged up. Petrobras slipped as oil prices remained near their lowest levels since the start of the US-Iran conflict, while Vale also edged lower on weaker iron ore prices.
2026-06-19
Ibovespa Slips on Monetary Policy Outlook
The Ibovespa edged down 0.1% to close at 168,277 on Thursday as investors assessed the monetary policy outlooks from Brazil’s central bank and the US Federal Reserve, alongside the signing of an interim peace deal between the US and Iran. Brazil’s central bank cut the Selic rate by 0.25 percentage point to 14.25% but signaled a longer timeline to bring inflation back to target, leaving its next steps open as it evaluates alternative interest rate paths. The US Federal Reserve, meanwhile, kept its benchmark rate unchanged and maintained a hawkish outlook. Banking stocks traded mixed, with Banco Bradesco down 0.5% and Itaú losing 0.8%, while Banco do Brasil rose 0.6% and Caixa Econômica gained 1.7%. Utilities were also mixed, with Axia down 1.7% and Sabesp losing 2%, while CPFL gained 1.3% and Copel advanced 3.4%. Meanwhile, WEG jumped 4.6% as investors positioned ahead of a key corporate payout deadline.
2026-06-18
Ibovespa Wavers After BCB and Fed Meetings
The Ibovespa swung between gains and losses near the 168,000 mark on Thursday as investors assessed the monetary policy outlooks from BCB and the US Fed, alongside the signing of an interim peace deal between the US and Iran. Brazil’s central bank cut the Selic rate by 0.25 percentage points to 14.25% but signaled a longer timeline to bring inflation back to target, leaving its next steps open as it evaluates alternative interest rate paths. The US Federal Reserve, meanwhile, kept its benchmark rate unchanged and signaled a hawkish outlook. Banking stocks traded mixed, with Bradesco down more than 0.5%, Santander edging higher, and Itaú hovering near flat. Petrobras fell nearly 1% as oil prices declined after the US-Iran agreement aimed at ending the conflict and reopening the Strait of Hormuz. Vale also lost nearly 1% as iron ore prices edged lower.
2026-06-18