Ibovespa Closes at Record as Real Recovers After Visa Headline Jolt

Overview

• Brazil’s benchmark index finished at 165,146 points, up 1.96%, led by oil, mining and banking shares.
• The dollar spiked above R$5.40 intraday after a Fox News report on a U.S. suspension of immigration visas for 75 countries including Brazil.
• Volatility later eased, and the commercial dollar closed down 0.62% at R$5.3680 after trading between roughly R$5.3536 and R$5.4045.
• The real ranked third among 33 most‑liquid currencies tracked by Valor, reflecting stronger appetite for higher‑risk assets.
• Brazilian stocks outperformed declines in U.S. markets as investors leaned into emerging‑market exposure on disinflation hopes.