São Paulo Stock Exchange (B3) Today: Ibovespa Holds Near 161,000 as Petrobras Strike and Brazil Rate-Cut Debate Set the Tone for Next Week
Brazil’s Ibovespa closed up 0.27% at 160,896.64 on Friday, led by utilities and domestic stocks. CPFL Energia hit an all-time high, while Petrobras faced ongoing strike action after a union rejected a deal to end a 12-day protest. Implied volatility for Brazil equities edged higher. Former President Jair Bolsonaro endorsed his son Flávio for the 2026 presidential race, surprising markets.