Brazilian bank stocks surge on Bolsonaro lead
Brazilian bank stocks surged after Flávio Bolsonaro’s surprise first-round lead over Lula, with the move tied to hopes for fiscal discipline and faster Selic cuts.
Site Search
Search market news
Find public news by keyword, exact ticker, category and date.
Matching instruments
Open a ticker page for its news coverage. The news search below stays a text search.
News Feed
7 results loaded, newest first. End of these results. The latest changes are still being indexed. Try again shortly for updated results.
Ibovespa edges higher after Brazil cuts Selic
The Ibovespa rose 0.2% to 185,992 following the BCB’s 25 bps Selic cut to 13.75%, with Copom offering continuity but no clear next-step signal.
Brazil’s central bank cuts Selic to 13.75%
Brazil’s monetary committee lowered the Selic benchmark to 13.75% from 14% for the fifth straight meeting as inflation cooled and the economy slowed.
Brazil’s central bank cuts Selic to 13.75% for fifth straight time
Brazil’s Copom cut the Selic benchmark rate to 13.75% from 14%, citing cooling inflation and a slowing economy, continuing a fifth consecutive reduction.
Ibovespa climbs again, extending winning streak to ten sessions
Ibovespa rose 1.3% to close at 179,722 on Tuesday, extending a ten-session winning streak amid renewed expectations for continued Selic easing. Major banks and Petrobras advanced; Casas Bahia surged 36.4%.
Ibovespa jumps nearly 1% on energy strength and Selic-cut hopes
Ibovespa rose nearly 1% to near 179,000 on Tuesday, supported by energy gains and renewed expectations of continued Selic easing. Petrobras gained more than 1.5% on oil-price lift; PRIO added over 1%.
Brazil Cuts SELIC
Brazil Finance Minister Durigan sees room for further SELIC rate cuts