Key Points
Brazil opens the second half of 2026 at 172,024 points, after a first half that gained 6.76% by The Rio Times’ calculation — solid, but well behind Wall Street’s 8.9% run.
The Ibovespa slipped 0.68% on Tuesday as investors trimmed risk into the half’s end and digested weaker government-accounts data.
Brazil’s public finances came in soft: gross debt rose to 81.1% of the economy and the budget shortfall was wider than expected, a reminder of the fiscal question in an election year.
The real firmed for a second day, with the dollar easing to R$5.16; the currency is up about 5.6% against the dollar this year, anchored by the 14.25% Selic rate.
