Ibovespa gains 2.63% in the final pre-election session, driven by international optimism and a partial recovery of foreign capital inflows to B3.
The Brazilian financial market recorded strong momentum in the final trading session before the first round of elections, boosted by a more favorable external scenario.
The benchmark index of the national stock exchange reflected global relief spurred by softer employment indicators in the United States.
With this sharp rally, the stock market reclaimed levels not seen since April, capping an impressive weekly gain.
The movement also reflected the behavior of international investors, who demonstrated greater risk appetite at the close of the month.
Return of foreign capital to the stock exchange
After an August marked by massive capital outflows, the scenario began to reverse in September.
Data released by B3 points to a gradual return of foreign capital, which helped sustain the stock index’s appreciation throughout the period.
Despite this recent momentum, the quarter closed in negative territory due to more challenging earlier months.
However, the year-to-date performance remains in positive territory, demonstrating the resilience of the Brazilian market in the face of global uncertainties.
The return of foreign investors was decisive in the recovery of risk assets and the stabilization of sentiment in the domestic financial market.
Commodities and foreign exchange outlook
While the stock market celebrated the rally, the foreign exchange market traded with slight variation, keeping the U.S. dollar stable against the real.
In the energy sector, crude oil prices closed mixed and volatile.
Trading reflected both geopolitical discussions in the Middle East and the potential release of strategic fuel reserves by G7 nations to curb price volatility.
For upcoming trading sessions, market attention turns entirely to domestic political developments following the vote.
Investor reaction at the opening of the post-election week will be crucial in determining whether B3‘s positive momentum will continue.
