bovespa Rises on Energy and Mining Gains

2026-10-01 20:42 By Isabela Couto 1 min. read

The Ibovespa gained 0.5% to close at 187,197 on Thursday, supported by energy and mining stocks.

Petrobras rose 1.3% as the oil rally accelerated after reports that the US is sending a third aircraft carrier strike group to the Middle East.

Vale gained 0.6% during a session without iron ore trading in China due to the Golden Week holiday.

Major banks ended mixed amid elevated global bond yields and energy-driven inflation concerns.

Banco do Brasil fell 0.2%, while Bradesco rose 0.3%.

Itaú and Santander declined 0.3% and 3%, respectively.

Retail stocks performed well, with Magazine Luiza extending gains from the previous session to rise 1.5%.

Azzas jumped 7% amid new proposals for Farm.

Meanwhile, Datafolha is due to release a new election poll after the bell.

Globo will also host a debate among presidential candidates at night, marking the end of the campaign.

Senator Flávio Bolsonaro confirmed his attendance, while President Lula is unlikely to attend.



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bovespa Rises on Energy and Mining Gains
The Ibovespa gained 0.5% to close at 187,197 on Thursday, supported by energy and mining stocks. Petrobras rose 1.3% as the oil rally accelerated after reports that the US is sending a third aircraft carrier strike group to the Middle East. Vale gained 0.6% during a session without iron ore trading in China due to the Golden Week holiday. Major banks ended mixed amid elevated global bond yields and energy-driven inflation concerns. Banco do Brasil fell 0.2%, while Bradesco rose 0.3%. Itaú and Santander declined 0.3% and 3%, respectively. Retail stocks performed well, with Magazine Luiza extending gains from the previous session to rise 1.5%. Azzas jumped 7% amid new proposals for Farm. Meanwhile, Datafolha is due to release a new election poll after the bell. Globo will also host a debate among presidential candidates at night, marking the end of the campaign. Senator Flávio Bolsonaro confirmed his attendance, while President Lula is unlikely to attend.
2026-10-01
Ibovespa Gains Ahead of Election Poll and Presidential Debate
The Ibovespa gained 0.5% to hover around 186,500 on Thursday ahead of a new election poll and presidential debate. Just days before the first round, Datafolha is due to release a new poll later in the day. Globo will also host a debate among presidential candidates at night, marking the end of the campaign. Senator Flávio Bolsonaro confirmed his attendance, while President Lula is expected to appear on a podcast at the same time and is unlikely to attend. Flávio Bolsonaro is viewed by markets as more fiscally restrictive amid elevated borrowing costs and concerns over government spending. Financials were mostly higher, with Itaú and Bradesco up about 0.5%. Petrobras also gained about 0.5% as oil prices extended gains. WEG and Rede D’Or rose about 1% each. Meanwhile, Brazil’s manufacturing sector posted its sharpest deterioration in operating conditions since April 2023, according to S&P Global PMI data.
2026-10-01
Ibovespa Rises on Election Polls and Soft PCE Inflation
The Ibovespa rose 1.4% to close at 186,341 on Wednesday, supported by new election polls pointing to a tighter race and softer-than-expected US PCE inflation. President Lula and Flávio Bolsonaro entered the final days before the presidential election in a technical tie in a likely second-round runoff, according to Meio/Ideia and Indexa/Broadcast polls. The Meio/Ideia poll showed the candidates separated by just 0.5 percentage point in a potential runoff. Meanwhile, US PCE inflation came in slightly below estimates, easing some concerns over further Fed rate hikes. In contrast, Brazil’s PPI rose 2.5% year-on-year in August, accelerating from a 1.9% increase in July. Major banks gained, with Itaú and BB both up 4.7% and Bradesco rising 4.1%. Utilities also advanced, with Sabesp gaining 1.4%. CSN Mineração rebounded 5.2% from Tuesday’s losses, when it lowered its production outlook, as Chinese iron ore prices rose. On the month, the Ibovespa gained 5%.
2026-09-30