Brazil Stocks Rise 0.47% Ahead of Runoff
Brazil's Ibovespa rose 0.47% to 205,083 and the dollar closed at R$4.993 on the last trading day before Sunday's presidential runoff. The post Brazil Stocks Rise 0.47% Ahead of Runoff appeared first on The Rio Times .
Brazil's main stock index, the Ibovespa, climbed 0.47% to 205,082.56 points on Friday, October 23, 2026, ahead of the upcoming presidential runoff on Sunday, October 25. The Brazilian real strengthened as the dollar fell by about 0.9% to R$4.993, below R$5 again. The Ibovespa ended the week 0.17% lower but remains up 10.06% in October and 27.28% so far in 2026.
The presidential runoff between Luiz Inácio Lula da Silva of the Workers' Party and Flávio Bolsonaro of the Liberal Party is scheduled for Sunday, October 25. Investors are closely watching the candidates' plans for spending and taxes, while the dollar-to-real guide explains how the exchange rate is set.
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