FX.co ★ Ibovespa Tracks Global Gains Amid Corporate Moves

On Monday, the Ibovespa advanced to 144,000, driven by positive global equity momentum as markets scrutinized corporate developments. Fleury slipped by 4.4% after rebutting rumors of stalled negotiations with Rede D’Or, which edged up by 0.5%. According to Citi, Rede D’Or could potentially access R$10 billion following its merger with Fleury. Braskem increased by 1.6% following Camex's decision to uphold the 20% import tariff on PE, PP, and PVC resins until October 2026. While Citi projects robust performance from Eztec, which rose by 2.8%, it expressed concerns over inventory composition; net sales reached R$532 million, with 54% attributed to Q3 launches. Vale ticked up 0.3%, whereas Petrobras declined by 0.3%, in line with oil price movements. Priner completed its acquisition of 60% of SEMEP, posting a 0.3% gain. Utility companies largely posted gains (Eletrobras up 0.3%, SABESP up 1%), alongside significant banks including Itaú (+0.7%) and Bradesco (+0.8%).