On the first business day after the start of attacks by Israel and the United States on Iranthe dollar surpassed R$5.20, but the rise slowed down during the afternoon. The stock market rose, supported by oil company shares, which benefited from the oil boom.
The commercial dollar ended this Monday (2) sold at R$ 5.166, an increase of R$ 0.032 (+0.62%). The price soared during the morning, reaching R$5.21 at around 11 am, but slowed down in the afternoon, with the slight recovery of the American stock markets.
The stock market had a day of volatility, but closed higher. The Ibovespa index, from B3, closed at 189,307 points, up 0.28%.
The rise in the Brazilian stock market index was mainly due to Petrobras shares, which surpassed R$40 with the appreciation of oil on the international market.
Ordinary shares (with voting rights at meetings) rose 4.63% and reached R$44.71. Preferred papers (with preference in the distribution of dividends) appreciated by 4.58%, closing at R$41.13. Preferred shares, the most traded, are at their highest level since May 2024.
This Monday, international oil prices rose almost 10% at the beginning of the session, but the increase cooled down in the afternoon. The price of a Brent barrel (base for international negotiations) rose 6.68%, closing at US$77.74. This is the highest level since January 2025.
Despite the truce in the afternoon, tensions are expected to persist in the financial market on Tuesday (3). After the conclusion of negotiations, Iran’s Revolutionary Guard announced the closure of the Strait of Hormuz, one of the main passages for oil tankers in the world. The country has threatened to shoot at any ship crossing the strait.
*With information from Reuters.
