Ibovespa Closes 1.06% Lower at 169,186 Points on Fourth Loss
Published on 10/29/2026 at 23:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSIbovespa ends fourth session lower
- The Ibovespa fell 1.06% to 169,186 points on Thursday, October 29, extending its losing streak to four sessions.
- Fiscal uncertainty after Brazil's presidential election, pressure on Bradesco and Ambev, and weaker international sentiment weighed on the benchmark.
- The session followed a wider market focus on US inflation, economic activity and the Federal Reserve's unchanged interest-rate decision.
Brazil's Ibovespa closed at 169,186 points on Thursday, October 29, down 1.06% on the session. The benchmark extended its decline to four consecutive trading days as investors continued to reassess Brazilian assets after the presidential election.
The closing level and daily move were reported by G1. The B3 describes the Ibovespa as its main equity-performance indicator and a theoretical portfolio of shares and units listed on the exchange.
Election uncertainty remains central
Market attention remained focused on the economic-policy outlook following the re-election of President Luiz Inacio Lula da Silva. Investors were particularly concerned about the direction of fiscal policy and the composition of the next economic team. The continued adjustment in Brazilian assets has left the index substantially below its level before the election-related sell-off.
Stock-specific pressure also contributed to the decline. According to G1, Bradesco was among the main sources of downward pressure after analysts issued more negative reports on the bank. Ambev also weighed after releasing its quarterly results. These developments affected individual constituents rather than representing a separate change in the Ibovespa methodology.
Global data added to risk pressure
International markets provided an additional source of uncertainty. Investors assessed US inflation and economic-activity data after the Federal Reserve left interest rates unchanged. G1 reported that US personal-consumption expenditures rose 0.5% in September and that third-quarter economic growth was stronger than expected. Those data points reinforced expectations that the Fed could raise rates at a future meeting, keeping attention on global funding conditions and risk appetite.
The Ibovespa's fourth consecutive decline underscores the sensitivity of Brazilian equities to both domestic policy signals and international interest-rate expectations. The index's next session will be watched for signs of stabilization, but Thursday's close did not by itself establish a change in the broader trend.
Further coverage of the Bovespa is available on the Bovespa topic page.
