2025.09.1020:20:15UTC+00Ibovespa Near Record High

On Wednesday, the Ibovespa index rose by 0.5%, ending the session at 142,349 points. This increase was primarily driven by the performance of banking institutions and major commodities companies amid the analysis of inflation figures and ongoing political unrest. The year-on-year inflation rate eased to 5.13%, slightly higher than the anticipated 5.1%, and remained notably above the central bank's target of 4.5%. This was due to pressures from service-related and core price components, which moderated the potential for deflation. Concurrently, the First Panel of the Supreme Federal Court resumed its proceedings on the case involving former President Bolsonaro’s alleged coup attempt, with Justice Luiz Fux expressing dissent from previous opinions by questioning the court's authority, thereby fueling speculation that the ruling might be overturned. In the corporate sector, Banco do Brasil saw a significant rise of 3.1%, spearheading the gains among leading banks; Petrobras advanced by 2.5%, while Vale, Ambev, WEG, and BRF registered increases of 0.7%, 0.7%, 1.1%, and 3%, respectively.