FX.co ★ Ibovespa Surges to Historic High

The Ibovespa rallied 2% to finish at 189,699 points, its highest closing level on record and the 11th all-time high of 2026, as a stronger-than-expected US payrolls report and a broad-based earnings rally boosted risk appetite. Suzano jumped 13.3% after reporting robust quarterly results, while Klabin gained 6% and TIM advanced 7.9% on earnings that beat market estimates. Vale rose 3.5%, supported by firm iron ore prices and optimism that its share price could exceed R$100 this year, and Petrobras climbed 3% in line with stronger oil futures. Banks also contributed to the advance: Bradesco added 2.5%, Itaúsa 2.6% and Santander Brasil 0.6%, while Banco do Brasil edged up 0.4% ahead of its results release.