Lula Effect: Ibovespa breaks through 155 points and registers a new historical high.
The index has accumulated 14 consecutive days of gains, reflecting optimism about the US economy and international negotiations.
247 - The Ibovespa surpassed the historic mark of 155 thousand points this Monday (10), reaching a new intraday record and consolidating 14 consecutive sessions of appreciation — the longest positive sequence in 31 years. The main indicator of B3 reached 155.601,15 points in the first hours of trading, with a rise of 1%, and maintained an advance of 0,57% near midday, operating at 154.947,86 points.
According to information published by the money timesMarket performance is driven by both internal and external factors. In Brazil, investors reacted to the maintenance of inflation projections at 4,55% for 2025, according to the Central Bank's Focus Bulletin. Furthermore, the market awaits the October IPCA result and the minutes from the last meeting of the Monetary Policy Committee (Copom), which recently kept the Selic rate at 15% per year—the highest level since 2006.
Domestic scenario and economic expectations
The Copom's decision to maintain high interest rates was unanimous and already expected by analysts, reinforcing the conservative tone of monetary policy in the face of fiscal uncertainties. Meanwhile, the Brazilian government is preparing a new round of trade negotiations with the United States. Foreign Minister Mauro Vieira is expected to meet with US Secretary of State Marco Rubio this week during the G7 summit in Canada.
Among the stocks that stood out most in the trading session, MBRF (MBRF3) led the gains, driven by expectations surrounding its third-quarter earnings report and news that China has resumed importing Brazilian chicken meat. Conversely, Natura (NATU3) fell, awaiting the release of its financial results.
Stock market giants in the spotlight.
The performance of so-called "blue chips" was mixed. Vale (VALE3) rose after statements from its CEO, Gustavo Pimenta, who stated in an interview with Reuters The mining company is preparing to meet the increased demand for iron ore in India. "The country is expected to double its steel production by the end of the decade, and we are positioning ourselves to meet this new reality," the executive stated. Meanwhile, Petrobras (PETR3; PETR4) shares fell slightly, following the fluctuations in Brent crude oil prices.
Dollar falling and expectations surrounding the US government
In the currency market, the dollar was down 0,34%, quoted at R$ 5,3178 around noon, following the global trend of weakening of the US currency. The DXY index, which measures the dollar's performance against a basket of six strong currencies, was trading near 99 points.
In the United States, attention is focused on Congress, which is trying to end the partial shutdown of the government, the longest in the country's history, already lasting 40 days. The US Senate has begun discussions on a bill to fund the government until January 30, 2026. After approval, the text will go to the House of Representatives and then to the current President of the United States for his signature. Donald Trump.
Global markets continue to rise.
Major Wall Street indexes are also trading sharply higher, driven by expectations of an agreement in the US Congress. The S&P 500 was up 1,20%, the Dow Jones rose 0,38%, and the Nasdaq registered gains of 2,02%.
In Europe, the pan-European Stoxx 600 index was up 1,35%, reflecting global optimism. Meanwhile, in Asia, the closing was positive, with... Nikkei 225 rising 1,26% in Tokyo and the Hang SengHong Kong's inflation rate rose 1,55%. The increase was driven by better-than-expected inflation data from China, with the consumer price index rising 0,2% year-on-year.
