Ibovespa drops 0.27% to 183,477 points

The Ibovespa fell 0.27% to finish at 183,477 points on September 25, 2026. The index trimmed steeper intraday losses after touching a low of 182,151 points during the morning, while remaining below its daily high of 184,214 points. Over the week, the benchmark slipped 0.95%.

Trading was influenced by reports of potential diplomatic progress between the United States and Iran, which eased global crude oil prices despite continued strikes. Domestically, the IPCA-15 mid-month inflation gauge rose 0.70% in September, coming in above market forecasts, though gains were concentrated in volatile items.

Bank blue chips and mining company Vale helped steady the index. Preferred shares of Itaú rose 0.62%, while common shares of Vale gained 0.16%. Conversely, Petrobras weighed on the market: preferred shares fell 2.42% and common shares declined 2.00%. Total financial volume on the Ibovespa was BRL 15.5 billion, within BRL 23.1 billion overall.

Political developments also remained in focus nine days before the first-round election. Regarding market outlooks, Inter projects the Ibovespa could reach 193,000 points by the end of this year and 207,000 points by the end of 2027. Rafael Winalda, equity specialist at Inter, noted that the historical price-to-earnings average is around 11 times, compared with current levels between 8 and 8.5 times, explaining that a move toward 9 times earnings supports the 207,000-point forecast. In New York, the Dow Jones rose 0.93%, the S&P 500 gained 0.51%, and the Nasdaq advanced 0.48%.