The Ibovespa rose nearly 0.5% to trade around 178,000 on Thursday, rebounding from the previous session’s losses as investors turned their attention to corporate earnings. CSN (+1.4%) delivered stronger-than-expected results for the first quarter of 2026, with adjusted EBITDA reaching R$2.646 billion. Eneva (+1.7%) reported quarterly net income of R$522.7 million, a 36% increase from a year earlier. In contrast, Banco do Brasil (-0.6%) posted adjusted net income of R$3.4 billion, a 53.5% drop compared with the same period in 2025. Cosan (+1.3%) and Marfrig (+1.5%) are scheduled to release their earnings later today.
Meanwhile, the financial sector recovered after a prior-session sell-off triggered by a report alleging links between Senator Flávio Bolsonaro—an October presidential candidate—and Daniel Vorcaro, the owner of failed lender Banco Master, who has been convicted of fraud. Shares of Itaú and Bradesco both advanced more than 1%.
