Brazilian stock market at historic high and Brazil-US trading booms.

The stock market hits a record high, reaching 157,000 points.

The Ibovespa, the main index of the Brazilian stock exchange, reached 157,633 points this Thursday (13), amid a sequence of increases that accumulates gains of 29,08% in 2025, the largest annual appreciation since 2019. The rise has been driven by sectors such as oil companies, mining companies and banks, reflecting the optimism of investors in the face of the internal and external economic scenario.

Last Monday (10), the index closed at 155,257 points, representing the 14th consecutive rise, an almost unprecedented mark since 1994. Expectations regarding the minutes of the Monetary Policy Committee (Copom) and the possible reduction of the Selic rate from January 2026 have boosted the migration of investments to variable income.

The dollar is showing a slight increase due to the international scenario.

The commercial dollar ended the day quoted at R$ 5.2975, up 0.10% on November 13, influenced by the resumption of trade negotiations between Brazil and the United States and the end of the US government shutdown. The meeting between the Brazilian Foreign Minister, Mauro Vieira, and the US Secretary of State, Marco Rubio, in Niagara Falls, during the G7 meeting, marked progress in the negotiations for reducing tariffs imposed on Brazilian products.

Brazil Sovereign Plan expands support for affected companies.

The federal government has expanded access to the Sovereign Brazil Plan, a program that offers financial support to companies impacted by US tariffs. The new decree reduced the minimum export impact requirement to apply for financing from 5% to 1%, benefiting a larger number of Brazilian companies.

Brazilian retail shows mixed signals in September.

The Monthly Retail Trade Survey (PMC), released by IBGE, showed uneven performance in retail trade in September. While 15 states registered a decline, with Maranhão and Roraima standing out negatively, states like Tocantins and Amapá showed significant growth. Pharmaceutical and perfumery items rose 1.31%, reflecting changes in consumption.

Impacts and perspectives

The current scenario favors continued gains in the stock market, especially if the official inflation figures for October surprise positively, creating room for earlier cuts in the Selic rate. On the other hand, the fluctuating dollar and internal and external political instability require investors' attention. Trade negotiations between Brazil and the US could directly influence export sectors and national industry.

Photo by Adam Śmigielski on Unsplash