Key Facts
The Ibovespa edged down 0.19% to 172,180 points, with heavyweight bank stocks dragging the index lower despite a strong session for oil producers.
Petrobras common and preferred shares both surged 3.3%, making it the most-traded name on the exchange with $618 million in turnover as crude prices firmed.
The Brazilian real weakened 0.56% against the dollar, closing the session at R$ 5.11, tracking a broader strengthening of the US currency measured by the DXY index.
Big banks were a clear drag, with Itaú Unibanco and Bradesco each falling 0.8%, weighing heavily on the benchmark due to their large index representation.
