FX.co ★ Ibovespa Up Amid Global Optimism and Earnings

The Ibovespa moved slightly upward, nearing 158,000 on Wednesday, driven by widespread global optimism as investors awaited a significant vote in the U.S. House of Representatives aimed at ending the longest government shutdown in history. On the domestic front, investors processed a fresh wave of earnings reports and corporate updates. Itaú Unibanco saw a modest rise after announcing a R$3.6 billion buyback of subordinated financial notes initially issued in 2020 and set to mature in 2030. Shares of Cosan climbed 0.8% following its successful second public share offering, which raised R$1.43 billion. Gol experienced a 0.7% increase after revealing a net profit of R$248 million for the third quarter of 2025, marking a turnaround from a R$1.42 billion loss the previous year. B3 saw a slight uptick as it reported a 3.5% rise in net profit to R$1.2 billion, alongside an 11.6% increase in earnings per share, bolstered by robust operational performance and share buybacks. Similarly, Eneva's stock traded higher after a remarkable 243% increase in net profit to R$351.7 million, spurred by strong thermal power generation and the launch of new natural gas operations. Conversely, both Petrobras and Vale saw their shares decline, pressured by falling prices of oil and iron ore.