08.01.202621:16:35UTC+00Ibovespa Rebounds on Thursday

The Ibovespa index saw a 0.5% increase, closing at 162,761 on Thursday, as investors monitored rising geopolitical tensions and varied commodity market dynamics. Petrobras shares climbed by 2.3%, buoyed by stronger oil prices, following an unexpected drawdown in U.S. crude inventory and the reassessment of immediate Venezuelan supply risks. This re-pricing occurred after the U.S. seized two tankers affiliated with Venezuela and conducted an operation that resulted in Nicolás Maduro's departure from power. The banking sector largely experienced gains, with Santander rising 1.2% and Itaú up by 2.1%. The utilities sector followed suit, with Axia advancing 3.1%. Conversely, Vale's shares dipped 1% as iron ore futures softened after a brief surge. Embraer continued its upward trajectory, reporting a significant increase in deliveries for 2025, up 18.4% compared to the previous year. Market participants were closely observing the upcoming U.S. jobs report and Brazil's IPCA inflation data, anticipating potential policy implications.