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Ibovespa closes higher and extends streak of consecutive records.
The Ibovespa closed Tuesday (11) with a gain of 1.60%, at 157,748.60 points, maintaining its impressive sequence of 15 consecutive increases — the largest since May-June 1994. During the trading session, the index surpassed the historical marks of 156,000, 157,000 and even 158,000 points, reaching a peak of 158,467.21 points in the first minutes after opening.
Meanwhile, the spot dollar retreated 0.62%, closing at 5.2746 against the real, reflecting a more favorable external scenario for Brazilian assets.
Inflation slows, supporting market optimism.
The positive performance of the stock market was driven by the release of encouraging domestic economic data. The Broad Consumer Price Index (IPCA) rose only 0.09% in October — the lowest increase for the month since 1998 — falling short of analysts' expectations, who predicted an increase of 0.16%.
The slowdown in inflation has reinforced discussions about monetary policy. The Central Bank released the minutes of the Copom meeting, which maintained the Selic rate at 15%, and signaled that it is evaluating the impact of fiscal measures, such as income tax exemption for those earning up to R$ 5 thousand.
Foreign trade remains robust in November.
In the first week of November, the Brazilian trade balance registered a surplus of US$1.811 billion, with a trade flow of US$13.8 billion. Exports totaled US$7.8 billion, while imports reached US$5.9 billion.
For the year to date, exports total US$297.5 billion and imports US$243.3 billion, generating a positive balance of US$54.2 billion. Comparing the averages up to the first week of November 2025 with the same period in 2024, exports grew by 6.41%, while imports increased by 7.91%.
Stock market highlights
Among the biggest gainers of the trading session, Lojas Renner led with an increase of almost 41%, closing at R$ 14.50. Raízen advanced 3.5% after announcing the sale of a plant as part of its restructuring plan. Magazine Luiza completed the podium with a rise of 3.4%, closing at R$ 8.42.
On the downside, Asa registered a drop of 2%, followed by Suzano, which retreated 1.93%, and Vale Minas, which lost 1.80%.
Favorable international context
Optimism was also fueled by positive external developments. The US Senate approved the end of the shutdown, reducing uncertainties about the American economy and benefiting emerging market assets such as Brazil.
Photo by Anne Nygård on Unsplash
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