FX.co ★ Ibovespa Closes Flat on Friday

The Ibovespa saw a slight decline, closing at 136,341 on Friday. Investors were keenly observing corporate earnings and anticipating the forthcoming meeting between US President Donald Trump and Russian President Vladimir Putin to discuss the conflict in Ukraine. Banco do Brasil's shares climbed 3.4% after reporting earnings, providing a significant boost due to its substantial impact on the index. Additionally, meat processing companies like BRF, which rose by 5.3%, and Marfrig, which increased by 8.9%, experienced considerable gains following positive earnings reports. Nonetheless, these advances were counterbalanced by a steep drop in Embraer's stock, which fell by 3.8% due to governance concerns sparked by the resignation of board member Pedro Farcic.