Ibovespa Ends Week Higher as Retail Stocks Surge
C&A leads gains with a 23% jump following earnings, while the energy and oil sectors face sharp declines in the Brazilian market.
The Ibovespa closed the week with a 0.30% gain, reaching 168,498.45 points after a 1.39% advance last Friday. The index sought stabilization following the sharp decline recorded in the previous period, although trading volume remained below average.
C&A was the positive highlight of the period with a 23.82% rise. The performance was driven by the release of third-quarter 2026 results, which exceeded expectations and demonstrated financial health with low debt levels.
In contrast, the energy and oil sector faced selling pressure. Brava Energia led the index's losses with a 15.64% drop, followed by significant declines in PRIO and Petrobras shares, which fell 15.40% and 14.66% respectively.
The Brazilian macroeconomic scenario remains under monitoring due to monetary policy. The Central Bank chose to halt the interest rate cutting cycle, keeping the benchmark rate at a high level in the face of fiscal uncertainties and the need for inflation control.
Externally, the spot dollar ended the week at R$ 5.5115, accumulating a 1.20% gain. The movement was influenced by the United States employment report, which showed the creation of 165,000 jobs in October and reinforced expectations for restrictive American interest rates for longer.
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