Ibovespa Rallies on Strong Corporate Results

2026-07-22 13:43 By Isabela Couto 1 min. read

The Ibovespa rose over 1% to trade above 175,000 on Wednesday, supported by strong corporate results.

Vale advanced near 2% after reporting that iron ore production rose 0.8% year-on-year in the April-June period, its strongest second-quarter output since 2018.

Bradesco BBI reiterated its Buy rating after the company's sales volumes exceeded expectations.

WEG jumped near 8% after reporting healthy operating margins and return on invested capital in the second quarter, despite lower year-on-year EBITDA and revenue.

Still, revenue from international markets increased 14.7% in US dollar terms, the company said the appreciation of the real weighed on reported revenue in local currency.

Petrobras rose over 1% as oil prices climbed amid escalating tensions in the Middle East.

On the trade front, a 25% US tariff on a range of Brazilian products took effect today.

Key exports including beef, coffee, rare earths, energy products, aircraft, and aircraft parts are exempt.



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Ibovespa Rallies on Strong Corporate Results
The Ibovespa rose over 1% to trade above 175,000 on Wednesday, supported by strong corporate results. Vale advanced near 2% after reporting that iron ore production rose 0.8% year-on-year in the April-June period, its strongest second-quarter output since 2018. Bradesco BBI reiterated its Buy rating after the company's sales volumes exceeded expectations. WEG jumped near 8% after reporting healthy operating margins and return on invested capital in the second quarter, despite lower year-on-year EBITDA and revenue. Still, revenue from international markets increased 14.7% in US dollar terms, the company said the appreciation of the real weighed on reported revenue in local currency. Petrobras rose over 1% as oil prices climbed amid escalating tensions in the Middle East. On the trade front, a 25% US tariff on a range of Brazilian products took effect today. Key exports including beef, coffee, rare earths, energy products, aircraft, and aircraft parts are exempt.
2026-07-22
Ibovespa Edges Lower on Geopolitical Uncertainty
The Ibovespa inched down to close at 173,325 on Tuesday amid mixed signals over the Middle East conflict. Hopes for diplomacy were boosted by reports that Iran is considering a proposal from mediators for a 10-day ceasefire aimed at paving the way for a lasting peace agreement. However, continued attacks between the US and Iran tempered optimism. Utilities posted losses, with Sabesp down 1.3%. Manufacturers also traded lower, with WEG down 1.5% and Embraer losing 0.8%. Rede D'Or tumbled 4.3% after Congress approved legislation related to the health sector aimed at restructuring the country's healthcare ecosystem. The measure has introduced uncertainty for private hospital operators, which rely on regulatory stability and clear reimbursement rules. Oil prices remained elevated, supporting Petrobras (+1.2%). Vale rebounded 0.6% after retreating in the previous session on lower iron ore prices. Banks advanced on lower bond yields, with Banco do Brasil up 3.5%.
2026-07-21
Ibovespa Slips as Financials Weigh
The Ibovespa edged down to hover below 173,000 on Tuesday, weighed down by losses in financial stocks. Financials traded lower as elevated oil prices fueled energy-driven inflation concerns. Itaúsa and Bradesco shed nearly 0.5%, while Itaú and Banco do Brasil edged lower. Utilities also posted losses, with Sabesp and Axia down around 0.5%. Other notable laggards included Rede D'Or (-3%) and Vivo (-0.5%). Meanwhile, hopes for diplomacy in the Middle East were boosted by reports that Iran is considering a proposal from mediators for a 10-day ceasefire aimed at paving the way for a lasting peace agreement. However, oil prices remained elevated, supporting Petrobras, which gained nearly 0.5%. Vale rebounded nearly 1% after retreating in the previous session on lower iron ore prices.
2026-07-21