26.08.202513:40:03UTC+00Ibovespa Edges Lower as Investors Eye Tariff Talks

On Tuesday, the Ibovespa index dipped slightly below the flatline, resting at the 138,000 level as market participants honed in on the year's second ministerial meeting, aimed at formulating a coordinated response to U.S. tariffs. Concurrently, the government introduced a R$12 billion credit program designed to modernize the industrial sector. In economic updates, the IPCA-15 inflation rate showed a decline of 0.14% in August, following a 0.33% increase in July, which may bolster prospects for a future rate-cutting phase by the central bank. Looking ahead, attention is also drawn to the pre-salt oil auction scheduled for December 4. On the equities front, Petrobras saw a 0.6% increase, while Vale edged up by 0.2%, and bank stocks experienced mixed movements with Bradesco rising 0.4% and Itaú Unibanco dipping by 0.1%. Notably, WEG advanced by 0.5% and Telefónica climbed 1.2%.