Key Facts
The Ibovespa shed 1.24% to close at 173,825 points, extending its decline to 12.5% below the 52-week high of 198,657 as risk aversion gripped the B3 exchange.
The real weakened 0.44% to R$5.1013 per dollar, adding to the session’s defensive tone even as the currency remains 8.7% below its own 52-week peak.
Turnover concentrated in commodity and banking heavyweights, with Vale down 2.1% on R$185m traded and Petrobras losing 1.7% on R$160m as global growth nerves hit raw-material exporters.
The big banks all bled red, Itaú fell 1.4%, B3SA3 lost 1.9%, and Banco do Brasil eked out a 1% gain but on thin conviction, suggesting defensive rotation rather than sector strength.
