The Ibovespa edged up by 0.2%, closing near the 146,000 threshold on Friday, concluding a week characterized by significant interest rate decisions in both Brazil and the United States. The Central Bank of Brazil's Monetary Policy Committee (Copom) maintained the Selic rate steady at 15% on Wednesday. Meanwhile, the Federal Reserve enacted its first rate reduction since December, lowering rates by 25 basis points to a range of 4.00% to 4.25%. Investors are now turning their attention to China's forthcoming loan prime rate decision and are closely monitoring developments from a conversation between US President Donald Trump and Chinese President Xi Jinping.
In the corporate sector, shares of Natura experienced a decline of 1.1% following a substantial 16% surge the previous day, as it announced the sale of Avon International Holding to the US-based Regent for a symbolic £1, along with potential earn-out payments up to £60 million. Vale recorded a 0.6% increase after finalizing a $1 billion joint venture with Global Infrastructure Partners (GIP) in Aliança Geração de Energia, retaining a 30% ownership stake. Additionally, Petrobras saw a slight rise of 0.1%, while leading banks demonstrated gains (Itaú up by 0.6% and Bradesco by 1.3%).
