Market and booming startups drive the economy.

Brazilian stock market hits new record and reflects economic optimism.

The Ibovespa index of B3 surpassed 155,000 points for the 14th consecutive time, reaching 155,257 points last Monday (10). This sequence of increases is the largest since 1994, shortly before the Real Plan, and boosted an annual appreciation of 29.08% in 2025, the largest since 2019, when it rose 31.58%. The recent rise was mainly supported by shares of oil companies, mining companies and banks, strategic sectors of the Brazilian economy.

Furthermore, the commercial dollar registered a drop to R$ 5.307, a decrease of 0.55%, following the positive climate in the financial market. Investors are awaiting the minutes of the Monetary Policy Committee (Copom), whose release is scheduled for this Tuesday (11), to assess possible cuts in the Selic rate as early as January, which could further stimulate investments in variable income.

Startups and innovation: a promising scenario with government support.

In the field of startups and technology, the Brazilian government has expanded access to the Sovereign Brazil Plan, a program that offers financial support to companies affected by international trade tariffs, especially those exporting to the United States. The new rule relaxes the criterion for impact on exports, reducing the affected revenue from 5% to 1%, which broadens the scope and also benefits suppliers of these companies.

This measure comes in parallel with the ongoing trade negotiations between Brazil and the US, which are proceeding at an intense pace, including meetings of authorities in international forums, such as the G7 summit. The objective is to balance the protection of the national productive sector with the maintenance of good trade relations, which are fundamental for the growth of the Brazilian innovation ecosystem.

Impacts and perspectives

• Financial market: The historic sequence of gains in the stock market reflects greater investor confidence in the Brazilian economy, directly impacting access to capital for companies, especially expanding startups.
• Monetary policy: The expectation of a reduction in the Selic rate could lower the cost of money and encourage investment in the technology and innovation sector.
• Export sector: Expanding the Sovereign Brazil Plan protects Brazilian companies against trade barriers, stimulating international competitiveness and job creation.
• Startups: A more favorable regulatory and economic environment can accelerate the growth of startups, attracting private capital and fostering partnerships with large corporations.

Photo by Sean Pollock on Unsplash