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News 2026-10-23 21:07 UTC

Ibovespa Closes Higher Ahead of Presidential Runoff

The Ibovespa rose 0.5% to close at 205,083 on Friday in the final session before Brazil’s presidential runoff, recovering from earlier losses. A Datafolha poll showed President Lula and Flávio Bolsonaro tied at 50% each of valid votes. Earlier polls indicated a statistical tie. Some market participants view a potential