Ibovespa Surges on Softer-Than-Expected Inflation

2026-07-10 13:37 By Isabela Couto 1 min. read

The Ibovespa jumped nearly 2% to trade close to 176,000 on Friday after Brazil's inflation data came in below expectations.

Annual inflation eased to 4.64% in June from 4.72% in May, below market forecasts of 4.80%, bringing it closer to the BCB's target range of 1.5%-4.5%.

The softer inflation reading pushed bond yields lower and strengthened expectations that the central bank could adopt a more dovish stance.

Financial stocks led the rally, with Itaú and Itaúsa gaining more than 2%, Bradesco rising over 2.5%, and B3 advancing more than 3%.

Utilities also moved higher, with Axia and Sabesp up over 2%.

Other notable gainers included Rede D'Or (+3%) and CSN (+4%).



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Ibovespa Surges on Softer-Than-Expected Inflation
The Ibovespa jumped nearly 2% to trade close to 176,000 on Friday after Brazil's inflation data came in below expectations. Annual inflation eased to 4.64% in June from 4.72% in May, below market forecasts of 4.80%, bringing it closer to the BCB's target range of 1.5%-4.5%. The softer inflation reading pushed bond yields lower and strengthened expectations that the central bank could adopt a more dovish stance. Financial stocks led the rally, with Itaú and Itaúsa gaining more than 2%, Bradesco rising over 2.5%, and B3 advancing more than 3%. Utilities also moved higher, with Axia and Sabesp up over 2%. Other notable gainers included Rede D'Or (+3%) and CSN (+4%).
2026-07-10
Ibovespa Climbs as Global Stocks Rebound
The Ibovespa gained 1.2% to close at 172,742 on Thursday, tracking the positive tone across global equity markets. A rebound in major chipmakers lifted global stocks, while declining oil prices helped improve risk sentiment as investors looked past renewed hostilities between the US and Iran. Financials led gains, with Itaú and Bradesco rising 1.7%, Itaúsa adding 1.9%, and Banco do Brasil advancing 2.4%. Most utilities also moved higher, with Sabesp up 2.6%. Axia was the exception, falling 2.7% after Goldman Sachs lowered its adjusted EBITDA estimates for the second quarter. Other notable gainers included Rede D'Or (+3.1%) and Embraer (+2.9%). Petrobras fell 1.4% as oil prices retreated from earlier highs.
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Ibovespa Rises on Energy Gains
The Ibovespa gained about 0.5% to trade above 171,000 on Thursday, supported by strength in energy stocks. Petrobras rose nearly 1% as markets reassessed the outlook for global oil supply following renewed US-Iran hostilities. Banking shares also advanced, with Itaú and Bradesco gaining more than 0.5%. Vale rebounded 0.5% despite lower iron ore prices. Other notable gainers included Ambev and Embraer, both up more than 0.5%. Meanwhile, US Trade Representative Jamieson Greer said a decision on US tariffs on Brazilian imports would be made very soon, although negotiations between the two countries remain far apart.
2026-07-09