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November 29, 2025
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Stock market breaks record again and has biggest rise in 15 months in November

Dollar rises for the fourth consecutive year and surpasses R$5.60

On another day of optimism in the financial market, the stock exchange renewed its historical record, approaching the symbolic mark of 160 thousand points and closing November with the biggest increase in 15 months. The dollar returned to Thursday’s high (27) and closed lower.Stock market breaks record again and has biggest rise in 15 months in November

Ibovespa, the main index on the Brazilian stock exchange, rose 0.45% and closed this Friday (28) at 159,072 points, reaching a record level for the second time in the week. The indicator rose 6.37% in the month, the best performance since August 2024. In 2025, the stock market rises 32.25%.

Petrobras shares, with greater weight on Ibovespa, fell this Friday after the state-owned company revised downwards its investment forecast until 2030. Ordinary shares (with the right to vote at shareholders’ meetings) fell 2.45%. Preferred shares (with preference in the distribution of dividends) lost 1.88%. Even so, shares of banks, mining companies and other commodity exporters (primary goods with international prices) supported the Brazilian stock market.

In the foreign exchange market, the day was also marked by optimism. THE commercial dollar closed Friday sold at R$ 5.335with a drop of R$0.016 (-0.31%). The price opened stable, fell to R$5.32 around 11am and operated at around R$5.34 between 12:30pm and 3pm, but retreated in the final hours of trading.

The US currency fell 0.82% in November. In 2025, the currency falls by 13.67%.

The dollar fell this Friday against the real, in a session marked by reduced trading in the United States after the Thanksgiving holiday and the strong flow of foreign capital to emerging countries.

Internal factors also influenced the market. The announcement that unemployment fell to 5.4% in the quarter ended in October brought optimism to the stock market. The rate is at the lowest level since the survey began in 2012.

In the case of the dollar, there was also influence from the internal market in the monthly dispute over the formation of Ptax, the average rate on the last business day of the month, used to correct the portion of public debt linked to the exchange rate.

* With information from Reuters

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