empty
 
 

2026.02.1021:33:45UTC+00Ibovespa Retreats from Record High

The Ibovespa fell 0.2% on Tuesday, closing at 185,929 and retreating from recent highs as investors digested January inflation data and a heavy corporate earnings slate. Brazil’s IPCA advanced 4.44% year on year in January, up from 4.26% in December and broadly in line with forecasts, reinforcing caution about the pace of monetary easing.

Among index heavyweights, Petrobras gained 0.5% ahead of the release of its fourth-quarter and full-year 2025 production and sales figures, while Vale slipped modestly, in step with weaker steelmakers. Financials were mixed: Banco do Brasil and Bradesco recorded modest gains, whereas B3 declined.

On the earnings side, BB Seguridade rose nearly 3% after its results, while Motiva moved lower earlier in the session. Elsewhere, consumer and growth-oriented stocks underperformed, with Magazine Luiza, Lojas Renner, and CSN among the main laggards, reflecting their sensitivity to interest-rate expectations in the wake of firmer inflation data.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In February we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback