17.04.202520:22:08UTC+00Ibovespa Posts Strong Monthly Gains

The Ibovespa index rebounded from early-session declines to finish up 1% at 129,650 on Thursday, continuing a positive trend throughout the holiday-shortened week with a 1.5% increase. Investors weighed the optimism surrounding U.S. tariff discussions with Japanese officials and a rise in oil prices—spurred by new U.S. sanctions on Iran and continued OPEC production cuts—against the ongoing U.S.–China trade conflict and Federal Reserve indications that tariffs could hinder global economic growth. Domestically, issues regarding fiscal sustainability and regulatory risks resurfaced following the introduction of a proposal to extend electricity-bill exemptions for low-income households, with an initial cost estimate of R$4.45 billion. Among key market movers, Ambev saw a 1.5% rise, Eletrobras advanced 3%, and Companhia Sanea increased by 1.5%. The São Paulo stock exchange is scheduled to resume trading on April 22nd.