Last Week on Brazil’s B3 Stock Exchange: Ibovespa Falls Nearly 5% as War Fears Outrun Petrobras Boost
Brazil’s Ibovespa index closed Friday down 0.61% at 179,364.82, capping a 4.99% weekly loss as conflict in the Middle East pushed oil prices higher and U.S. jobs data disappointed. Petrobras posted a fourth-quarter net profit of 15.6 billion reais and announced 8.1 billion reais in shareholder payouts. Brazil’s 2025 GDP growth slowed to 2.3%, its weakest since 2020. Rate cut hopes dimmed as inflation risks rose.
