Key Facts
The Ibovespa jumped 1.88% to 177,159 points, its sharpest single-session gain in weeks, snapping a cautious streak as buyers stormed back into Brazilian equities.
The real strengthened 1.14% to 5.0593 per US dollar, riding a wave of dollar weakness and renewed foreign appetite for emerging-market carry trades.
Petrobras preferred shares rose 2.0% on heavy turnover, joining a sector-wide advance while oil prices found a floor, lifting the state-controlled energy giant’s most liquid class.
Vale, the iron-ore heavyweight, added 1.4% with $251 million traded, topping the volume board as metals sentiment steadied and Chinese demand hopes flickered back to life.
