Brazilian stock market hits record high for the 14th time and dollar falls today.

Brazilian financial market in euphoria while government negotiates tariffs.

The Ibovespa closed Monday (10) at 155,257 points, with an increase of 0.77%, marking the 14th consecutive sequence of gains and hitting a new historical record. The Brazilian stock exchange accumulates an appreciation of 29.08% in 2025, the largest annual increase since 2019, when it registered 31.58%.

In the exchange market, the commercial dollar closed at R$ 5.307, down 0.55%. The currency has accumulated a drop of 14.12% this year, reflecting optimism about internal and external factors that are boosting investments in Brazil.

Stocks surge: 14 stocks are projected to double in value by 2025.

Amid a series of record highs, 14 stocks in the Ibovespa, IDIV, Small Caps, and IBRX100 indexes have accumulated gains exceeding 100% (100% of the time frame) up to November 11th. Cogna leads with a rise of 240.16%, driven by financial restructuring and a recovery in results in the education sector. Movida follows with 199.03% and Moura Dubeux with 194.04%.

The oil, mining, and banking sectors were the main drivers of Monday's gains, while retail stocks gained prominence with the approach of Black Friday and November's commercial activity.

Government expands support for companies affected by tariffs.

While the stock market celebrates record highs, the federal government is working to mitigate the impacts of US tariffs. The Sovereign Brazil Plan has been expanded to increase access for companies affected by the measures imposed by the US.

On Thursday (13), Foreign Minister Mauro Vieira met with US Secretary of State Marco Rubio in Washington to negotiate the reversal of the 40% tariffs imposed by Donald Trump. The coffee sector, particularly affected, sees an opportunity to regain space in the American market with possible tariff relief.

Inflation and interest rates are on investors' radar.

The financial market is awaiting the release of the minutes from the Monetary Policy Committee (Copom) and the official inflation data for October. If the IPCA (Brazilian consumer price index) comes in lower than expected, it opens the door for the Central Bank to begin cutting the Selic rate (Brazil's benchmark interest rate) in January, instead of March 2026. Lower interest rates encourage investment to shift towards the stock market.

Economic data in focus

Thursday's economic agenda includes the September Monthly Trade Survey, projected to show monthly growth of 0.31% and annual growth of 2.01%. Vehicle production figures for October will also be released, following a 1.51% drop in September. In the US, the Consumer Price Index (CPI) will be published at 10:30 AM.

Photo by Adam Śmigielski on Unsplash