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Ibovespa Falls for Tenth Straight Session as Brazil Risks Build

The Ibovespa edged 0.1% lower to 166,784 on Monday, its tenth straight decline, as Middle East tensions, higher oil prices, weaker IBC-Br data and a bankruptcy filing weighed on sentiment.

IBOV

1% lower to close at 166,784 on Monday, marking a tenth consecutive session of losses. Tensions in the Middle East persisted, with little sign of a near-term resolution. Inflationary pressures increased amid higher oil prices, weighing on financials and the broader index. 3%.

6%, its biggest drop since May 2025. The data added to evidence of a slowing economy. 3%) filed for judicial recovery following a multibillion-real loss in 2Q26. Meanwhile, a Quaest poll released late Friday showed President Lula and Senator Flávio Bolsonaro in a technical tie in a potential second round of the October presidential election.

The same scenario was indicated by the BTG/Nexus poll. Previous polls had shown Lula ahead of Flávio Bolsonaro, who is seen as more fiscally strict, in a potential second round.