The Ibovespa advanced 0.9% on Monday, closing at 180,915, as easing global energy concerns and upbeat signals from the White House underpinned a broad-based recovery in Brazilian risk assets. Market sentiment improved markedly after President Donald Trump indicated that the conflict in the Middle East may be nearing an end and that maritime traffic through the Strait of Hormuz is being restored. This shift drove a sharp reversal in crude oil prices and supported a rebound in major domestic names, with Petrobras gaining 2.5% and Vale rising 0.8%.
Earlier pressure stemming from the Focus Bulletin, which revised its 2026 Selic rate forecast up to 12.13%, was offset by the growing expectation of geopolitical de‑escalation, fueling a rally in cyclical stocks such as Embraer, which jumped 3.4%. Although agricultural exports remain at risk amid the slowest soybean harvest pace since 2020, the easing of global stagflation fears helped the index reclaim the 180,000 mark by the close.