Ibovespa Sets New Record at 149,540 on Earnings Boost and Renewed Foreign Buying

Overview

• The benchmark rose 0.51% on Oct. 31 to 149,540, logging an eighth straight gain and a 2.30% advance for the week.
• Strong quarterly results from Apple and Amazon lifted global sentiment, while Vale’s profit near $2.6–$2.74 billion bolstered heavyweight shares in São Paulo.
• Foreign investors recorded a fifth consecutive day of net inflows on Oct. 29 at R$756.5 million, even as the category remained in a monthly deficit.
• Brazil’s unemployment rate stood at 5.6% for the quarter ended September and Caged reported 213,002 formal jobs in September, reducing odds of near‑term Selic cuts.
• Eurozone inflation matched expectations and the ECB held rates, reinforcing a slower easing outlook as investors also assessed an extended but fragile U.S.–China trade truce.