Ibovespa Rises as Inflation Eases
2026-06-25 13:40
By
Isabela Couto
1 min. read
The Ibovespa gained near 0.5% to trade above the 171,000 mark on Thursday as investors digested inflation data.
Bond yields moved lower after June's mid-month inflation reading came in below market expectations, reinforcing bets that price pressures may be easing.
Adding to the decline in yields, oil prices erased all gains accumulated during the Iran conflict as shipping flows through the Strait of Hormuz increased.
Major banks traded higher, with Itaú, Bradesco, and Banco do Brasil up around 2%.
Utilities also advanced, with Axia and Sabesp gaining nearly 2%.
Other notable performers included WEG (+1%), Rede D'Or (+1%), and Embraer (+2%).
Markets also assessed the BCB’s monetary policy report, which revised GDP growth forecasts higher and more directly flagged concerns over government stimulus measures.
On the downside, Braskem gained 0.6% despite filling for emergency protection against creditors as talks for an out-of-court solution to its mounting debt woes hit snags.