FX.co ★ Ibovespa Edges Higher

On Friday, the Ibovespa inched up by 0.2% to settle at 160,837, as market activities resumed post-Christmas and investors processed former President Jair Bolsonaro's endorsement of his son Flávio as a potential candidate for the presidential race in October 2026. The trading environment was notably muted, owing to limited liquidity from the closure of several international markets. Ambev was at the forefront of advancements, climbing 2.5%, closely followed by B3 with a 1.8% increase, and CPFL Energia, which surged by 3.6%. On the downside, Embraer experienced a 0.7% decline after amending its aircraft order agreement with Azul, reducing the confirmed E195 E2 orders from 51 to 25, as the airline undergoes restructuring under Chapter 11.