The Ibovespa rose over 0.5% to trade close to 168,000 on Tuesday, supported by heavyweight stocks. Petrobras rose nearly 1% as oil prices climbed after US President Donald Trump said he was not interested in extending the interim peace deal with Iran. Axia (+0.5%) announced the results of its second Class C preferred share buyback operation, totaling approximately R$2 billion. Itaú BBA reiterated its buy recommendation for the stock. Rede D’Or added about 1%, while WEG gained 0.5%. Major banks traded below the flatline, pressured by rising global bond yields as energy-driven inflation concerns persisted. Meanwhile, Casas Bahia (-7%) is seeking a R$1 billion loan and betting on its marketplace after filing for judicial recovery. The company’s shares were halted several times during Monday’s session amid sharp volatility and closed down 33%.
