On a day of relief in the domestic and foreign markets, the stock market rose again and reached an unprecedented 153 thousand points. The dollar returned to Tuesday’s high (4) and moved away from the R$5.40 barrier.
The Ibovespa index, from B3, closed this Wednesday (5) at 153,294 points, with an increase of 1.72%, the eighth consecutive record. This was the 11th consecutive increase in the Brazilian stock market, equaling the sequence of July 2024.
The exchange rate also had a day of relief. After reaching R$5.40 on Tuesday, the commercial dollar closed Wednesday at R$5.361, down R$0.038 (-0.7%). The price started the day with a slight increase, but fell during the morning. At the low of the day, around 1:15 pm, it reached R$5.35.
The US currency falls 0.35% in November. In 2025, the currency accumulates a drop of 13.25%.
Both international and domestic factors contributed to the euphoria in the financial market. Emerging countries benefited from China’s decision to suspend some surcharges on US products. The reduction in trade tensions contributed to the appreciation of commodities (primary goods with international prices), which benefits countries that export raw materials, such as Brazil.
Furthermore, US stock markets partially recovered after Tuesday’s sharp fall. This increased international appetite for high-risk assets, stimulating capital migration to emerging economies.
In Brazil, the financial market continued to expect the outcome of the Monetary Policy Committee (Copom) meeting, which maintained the Selic Rate (basic economic interest) at 15% per year. The recent slowdown in official inflation preview In October, expectations increased that the BC would bring forward the start of cuts to the beginning of 2026, which makes the stock market more attractive.
*With information from Reuters
