Explaining Brazil
News from Brazil, by The Brazilian Report — an independent media outlet uniquely positioned to offer an insider’s view of current affairs in Brazil.
Explaining Brazil
Brazilian stocks’ record run (preview)
Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.
190,000 points. After a string of record highs that have been piling up since mid-January, the Ibovespa — the benchmark index of São Paulo’s stock exchange, the B3 — surpassed this historic threshold during Wednesday, February 11, closing the day just shy of it.
Financial trading volume totaled BRL 38.6 billion, or about USD 7.7 billion. With this result, and only six weeks into the year, Ibovespa has already posted gains of over 18% in 2026.
To give a sense of the scale, stock exchange data on foreign investor flows show a net inflow of BRL 26.3 billion in January alone — exceeding the surplus recorded for the entire year of 2025.