IBOV 176,010.90 ▼ 0.36% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,399.71 ▼ 0.17% MERVAL 3,291,246 ▲ 1.92% COLCAP 2,292.03 ▼ 0.29% BVL PERÚ 57,174.37 — — USD/BRL5.08▲ 0.06% USD/MXN17.39▼ 0.23% USD/CLP925.20▼ 0.15% USD/COP3,220▼ 0.49% USD/PEN3.39▼ 0.14% USD/ARS1,475▲ 0.32% USD/UYU40.15▲ 1.04% USD/PYG6,039▲ 1.28% USD/BOB10.65▲ 5.99% USD/DOP58.36▲ 0.10% USD/CRC447.49▲ 0.88% USD/GTQ7.62▲ 2.09% USD/HNL26.73▼ 0.01% USD/NIO36.62▲ 0.31% USD/VES725.63▲ 0.11% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.48▼ 0.01% USD/TTD6.76▲ 1.32% EUR/BRL5.82▼ 0.61% BRENT 84.62 ▼ 0.39% WTI 79.40 ▼ 0.25% IRON ORE 161.91 — — COPPER 6.41 ▲ 1.80% GOLD 4,041 ▼ 0.08% SILVER 57.45 ▲ 0.60% SOY 1,199 ▼ 0.27% CORN 468.75 ▲ 4.75% WHEAT 675.25 ▼ 0.33% COFFEE 324.50 ▼ 3.77% SUGAR 14.86 ▼ 0.13% ORANGE JUICE 140.45 ▲ 0.14% COTTON 82.13 ▲ 3.18% COCOA 5,917 ▲ 4.54% BEEF 230.33 ▼ 0.48% CATTLE 344.95 ▼ 1.10% LITHIUM 71.06 ▼ 0.73% PETR4 40.59 ▼ 0.17% VALE3 74.51 ▲ 0.68% ITUB4 43.14 ▼ 1.12% BBDC4 18.60 ▼ 0.16% ABEV3 15.57 ▼ 1.52% BBAS3 20.55 ▼ 0.19% B3SA3 15.69 ▲ 2.35% WEGE3 44.26 ▲ 0.14% PRIO3 57.50 ▼ 0.12% SUZB3 41.48 ▲ 0.90% RENT3 40.35 ▼ 0.47% AZZA3 18.66 ▼ 1.01% CSAN3 3.93 ▲ 1.03% RAIZ4 0.29 ▼ 6.45% PCAR3 2.62 ▲ 6.94% GMAT3 3.98 ▲ 0.51% PSSA3 55.22 ▲ 1.71% CVCB3 1.34 ▼ 2.90% POSI3 3.95 ▼ 1.00% SLCE3 13.50 ▼ 2.24% NATU3 8.67 ▲ 1.40% BRKM5 6.41 ▼ 6.15% RANI3 7.98 ▼ 0.37% CSNA3 5.24 ▲ 0.77% CMIN3 5.24 ▲ 2.75% USIM5 8.20 ▼ 0.36% GGBR4 24.20 ▲ 3.77% ENEV3 26.95 ▼ 0.81% CPFE3 46.83 ▼ 0.78% CMIG4 11.15 ▼ 0.45% EQTL3 40.33 ▼ 1.51% LREN3 14.10 ▼ 1.33% VIVT3 35.47 ▼ 0.14% RAIL3 14.07 ▼ 0.42% KLABIN 17.39 ▲ 0.40% RAIA DROGASIL 18.67 ▲ 0.38% RDOR3 36.01 ▼ 0.11% HAPV3 10.99 ▼ 1.79% FLRY3 16.51 ▲ 0.61% SMTO3 15.53 ▼ 3.66% UGPA3 31.10 ▲ 3.29% VBBR3 33.75 ▲ 1.35% BBSE3 40.71 ▲ 0.79% BPAC11 57.04 ▼ 1.57% CURY3 32.73 ▼ 2.56% AERI3 2.02 ▼ 2.42% VIVARA 23.52 ▲ 0.38% COMPASS 25.11 ▼ 0.36% VAMOS 3.12 ▼ 0.95% SANB11 27.00 ▼ 1.24% ASAI3 8.66 — 0.00% SBSP3 29.98 ▼ 1.19% WALMEX 49.61 ▲ 0.69% GMEXICO 200.02 ▲ 0.23% FEMSA 223.27 ▼ 2.64% CEMEX 22.64 ▲ 1.98% GFNORTE 183.98 ▼ 1.19% BIMBO 57.50 ▲ 2.02% TELEVISA 9.60 ▲ 0.73% AMX 22.80 ▼ 0.22% GAP 398.24 ▲ 0.75% ASUR 283.46 ▲ 2.85% OMA 234.61 ▼ 0.17% KOF 176.96 ▼ 1.69% GRUMA 280.76 ▲ 0.49% KIMBER 38.73 ▲ 0.75% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 78,550 ▲ 1.00% GGAL 8,205 ▲ 3.73% PAMPA 5,240 ▲ 0.19% TXAR 668.00 ▲ 0.91% ALUAR 959.50 ▲ 1.11% TGS 9,750 ▲ 0.41% CEPU 2,344 ▲ 0.73% MIRGOR 16,975 ▲ 1.34% COME 45.63 ▼ 0.26% LOMA NEGRA 3,615 ▲ 2.34% BYMA 304.25 ▲ 1.08% TELECOM ARG 4,315 ▼ 0.40% ECOPETROL 15.98 ▼ 1.11% BANCOLOMBIA 81.55 ▼ 0.67% GRUPO AVAL 5.03 ▲ 1.62% CREDICORP 398.20 ▲ 1.52% SOUTHERN COPPER 181.54 ▼ 0.46% BUENAVENTURA 30.71 ▼ 1.03% MERCADOLIBRE 1,843 ▼ 1.64% NUBANK 13.88 ▼ 0.79% XP 16.87 — 0.00% PAGSEGURO 9.21 ▼ 0.75% STONE 11.28 ▼ 0.18% GLOBANT 31.98 ▲ 3.43% TECNOGLASS 45.67 ▲ 3.26% GAP AIRPORT 228.15 ▲ 0.97% ASUR 283.46 ▲ 2.85% OMA AIRPORT 107.90 ▲ 0.24% AMX ADR 26.11 ▼ 0.27% FEMSA ADR 128.77 ▼ 3.30% CEMEX ADR 13.07 ▲ 2.11% PETROBRAS ADR 17.86 ▼ 0.33% VALE ADR 14.67 ▲ 0.55% ITAU ADR 8.45 ▼ 1.17% SANTANDER BR 5.35 ▼ 0.74% AMBEV ADR 3.03 ▼ 1.94% CSN 1.04 ▲ 0.49% GERDAU 4.80 ▲ 4.12% LATAM ADR 54.87 ▲ 2.54% BTC 64,556 ▼ 0.62% ETH 1,917 ▲ 1.47% SOL 76.86 ▼ 1.16% XRP 1.11 ▲ 0.13% BNB 581.00 ▼ 0.13% ADA 0.16 ▼ 0.26% DOGE 0.07 ▼ 0.66% AVAX 6.71 ▲ 0.19% LINK 8.52 ▲ 2.16% DOT 0.85 ▼ 0.44% LTC 45.15 ▼ 0.63% BCH 220.95 ▼ 6.57% TRX 0.32 ▼ 0.72% XLM 0.19 ▲ 1.67% HBAR 0.07 ▲ 0.32% NEAR 2.06 ▲ 2.58% ATOM 1.55 ▼ 0.96% AAVE 96.17 ▼ 2.74% SELIC 14.25% — EMBRAER 82.35 ▼ 0.17% EMBRAER ADR 64.90 ▼ 0.02% JBS 12.10 ▲ 2.28% JBS BDR 61.43 ▲ 2.81% MBRF3 15.40 ▼ 4.29% MBRFY 2.87 ▼ 8.60% INTER 5.62 ▼ 1.40% IBOV 176,010.90 ▼ 0.36% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,399.71 ▼ 0.17% MERVAL 3,291,246 ▲ 1.92% COLCAP 2,292.03 ▼ 0.29% BVL PERÚ 57,174.37 — — USD/BRL 5.08 ▲ 0.06% USD/MXN 17.39 ▼ 0.23% USD/CLP 925.20 ▼ 0.15% USD/COP 3,220 ▼ 0.49% USD/PEN 3.39 ▼ 0.14% USD/ARS 1,475 ▲ 0.32% USD/UYU 40.15 ▲ 1.04% USD/PYG 6,039 ▲ 1.28% USD/BOB 10.65 ▲ 5.99% USD/DOP 58.36 ▲ 0.10% USD/CRC 447.49 ▲ 0.88% USD/GTQ 7.62 ▲ 2.09% USD/HNL 26.73 ▼ 0.01% USD/NIO 36.62 ▲ 0.31% USD/VES 725.63 ▲ 0.11% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.48 ▲ 0.31% USD/TTD 6.76 ▲ 1.56% EUR/BRL 5.82 ▼ 0.61% BRENT 84.62 ▼ 0.39% WTI 79.40 ▼ 0.25% IRON ORE 161.91 — — COPPER 6.41 ▲ 1.80% GOLD 4,041 ▼ 0.08% SILVER 57.45 ▲ 0.60% SOY 1,199 ▼ 0.27% CORN 468.75 ▲ 4.75% WHEAT 675.25 ▼ 0.33% COFFEE 324.50 ▼ 3.77% SUGAR 14.86 ▼ 0.13% ORANGE JUICE 140.45 ▲ 0.14% COTTON 82.13 ▲ 3.18% COCOA 5,917 ▲ 4.54% BEEF 230.33 ▼ 0.48% CATTLE 344.95 ▼ 1.10% LITHIUM 71.06 ▼ 0.73% PETR4 40.59 ▼ 0.17% VALE3 74.51 ▲ 0.68% ITUB4 43.14 ▼ 1.12% BBDC4 18.60 ▼ 0.16% ABEV3 15.57 ▼ 1.52% BBAS3 20.55 ▼ 0.19% B3SA3 15.69 ▲ 2.35% WEGE3 44.26 ▲ 0.14% PRIO3 57.50 ▼ 0.12% SUZB3 41.48 ▲ 0.90% RENT3 40.35 ▼ 0.47% AZZA3 18.66 ▼ 1.01% CSAN3 3.93 ▲ 1.03% RAIZ4 0.29 ▼ 6.45% PCAR3 2.62 ▲ 6.94% GMAT3 3.98 ▲ 0.51% PSSA3 55.22 ▲ 1.71% CVCB3 1.34 ▼ 2.90% POSI3 3.95 ▼ 1.00% SLCE3 13.50 ▼ 2.24% NATU3 8.67 ▲ 1.40% BRKM5 6.41 ▼ 6.15% RANI3 7.98 ▼ 0.37% CSNA3 5.24 ▲ 0.77% CMIN3 5.24 ▲ 2.75% USIM5 8.20 ▼ 0.36% GGBR4 24.20 ▲ 3.77% ENEV3 26.95 ▼ 0.81% CPFE3 46.83 ▼ 0.78% CMIG4 11.15 ▼ 0.45% EQTL3 40.33 ▼ 1.51% LREN3 14.10 ▼ 1.33% VIVT3 35.47 ▼ 0.14% RAIL3 14.07 ▼ 0.42% KLABIN 17.39 ▲ 0.40% RAIA DROGASIL 18.67 ▲ 0.38% RDOR3 36.01 ▼ 0.11% HAPV3 10.99 ▼ 1.79% FLRY3 16.51 ▲ 0.61% SMTO3 15.53 ▼ 3.66% UGPA3 31.10 ▲ 3.29% VBBR3 33.75 ▲ 1.35% BBSE3 40.71 ▲ 0.79% BPAC11 57.04 ▼ 1.57% CURY3 32.73 ▼ 2.56% AERI3 2.02 ▼ 2.42% VIVARA 23.52 ▲ 0.38% COMPASS 25.11 ▼ 0.36% VAMOS 3.12 ▼ 0.95% SANB11 27.00 ▼ 1.24% ASAI3 8.66 — 0.00% SBSP3 29.98 ▼ 1.19% WALMEX 49.61 ▲ 0.69% GMEXICO 200.02 ▲ 0.23% FEMSA 223.27 ▼ 2.64% CEMEX 22.64 ▲ 1.98% GFNORTE 183.98 ▼ 1.19% BIMBO 57.50 ▲ 2.02% TELEVISA 9.60 ▲ 0.73% AMX 22.80 ▼ 0.22% GAP 398.24 ▲ 0.75% ASUR 283.46 ▲ 2.85% OMA 234.61 ▼ 0.17% KOF 176.96 ▼ 1.69% GRUMA 280.76 ▲ 0.49% KIMBER 38.73 ▲ 0.75% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 78,550 ▲ 1.00% GGAL 8,205 ▲ 3.73% PAMPA 5,240 ▲ 0.19% TXAR 668.00 ▲ 0.91% ALUAR 959.50 ▲ 1.11% TGS 9,750 ▲ 0.41% CEPU 2,344 ▲ 0.73% MIRGOR 16,975 ▲ 1.34% COME 45.63 ▼ 0.26% LOMA NEGRA 3,615 ▲ 2.34% BYMA 304.25 ▲ 1.08% TELECOM ARG 4,315 ▼ 0.40% ECOPETROL 15.98 ▼ 1.11% BANCOLOMBIA 81.55 ▼ 0.67% GRUPO AVAL 5.03 ▲ 1.62% CREDICORP 398.20 ▲ 1.52% SOUTHERN COPPER 181.54 ▼ 0.46% BUENAVENTURA 30.71 ▼ 1.03% MERCADOLIBRE 1,843 ▼ 1.64% NUBANK 13.88 ▼ 0.79% XP 16.87 — 0.00% PAGSEGURO 9.21 ▼ 0.75% STONE 11.28 ▼ 0.18% GLOBANT 31.98 ▲ 3.43% TECNOGLASS 45.67 ▲ 3.26% GAP AIRPORT 228.15 ▲ 0.97% ASUR 283.46 ▲ 2.85% OMA AIRPORT 107.90 ▲ 0.24% AMX ADR 26.11 ▼ 0.27% FEMSA ADR 128.77 ▼ 3.30% CEMEX ADR 13.07 ▲ 2.11% PETROBRAS ADR 17.86 ▼ 0.33% VALE ADR 14.67 ▲ 0.55% ITAU ADR 8.45 ▼ 1.17% SANTANDER BR 5.35 ▼ 0.74% AMBEV ADR 3.03 ▼ 1.94% CSN 1.04 ▲ 0.49% GERDAU 4.80 ▲ 4.12% LATAM ADR 54.87 ▲ 2.54% BTC 64,556 ▼ 0.62% ETH 1,917 ▲ 1.47% SOL 76.86 ▼ 1.16% XRP 1.11 ▲ 0.13% BNB 581.00 ▼ 0.13% ADA 0.16 ▼ 0.26% DOGE 0.07 ▼ 0.66% AVAX 6.71 ▲ 0.19% LINK 8.52 ▲ 2.16% DOT 0.85 ▼ 0.44% LTC 45.15 ▼ 0.63% BCH 220.95 ▼ 6.57% TRX 0.32 ▼ 0.72% XLM 0.19 ▲ 1.67% HBAR 0.07 ▲ 0.32% NEAR 2.06 ▲ 2.58% ATOM 1.55 ▼ 0.96% AAVE 96.17 ▼ 2.74% SELIC 14.25% — EMBRAER 82.35 ▼ 0.17% EMBRAER ADR 64.90 ▼ 0.02% JBS 12.10 ▲ 2.28% JBS BDR 61.43 ▲ 2.81% MBRF3 15.40 ▼ 4.29% MBRFY 2.87 ▼ 8.60% INTER 5.62 ▼ 1.40%
since 2009
Thursday, July 16, 2026
Brazil Business - Brazil

IBOVESPA Will Hit 120,000 Points Next Year: Morgan Stanley

By · November 19, 2020 · 1 min read

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RIO DE JANEIRO, BRAZIL – Brazilian stocks should benefit from a scenario of accelerating economic growth, low interest rates and continued flexibility of social measures in the country, according to Morgan Stanley.

Brazilian stocks should benefit from a scenario of accelerating economic growth, low interest and continued flexibility of social measures in the country, according to Morgan Stanley.
Brazilian stocks should benefit from a scenario of accelerating economic growth, low interest and continued flexibility of social measures in the country, according to Morgan Stanley. (Photo internet reproduction)

The bank projects the IBOVESPA stock market index to close 2021 at 120,000 points, suggesting potential for a 12 percent increase over closing on Tuesday. A stronger than expected recovery in Brazil “should continue providing a positive tailwind for domestic stocks,” said strategists led by Guilherme Paiva in a report on November 17th.

The relatively low rate of novel coronavirus infections in Brazil and early summer in the southern hemisphere should reduce the risk of new lockdowns, according to Morgan Stanley. Brazil is third in the world in terms of coronavirus cases, with nearly six million infections.

Limited progress on the fiscal front should keep investors’ hopes alive, and tax and administrative reforms are perceived as important catalysts in the future, the bank said, which has favored the prospects of shares of Itaú Unibanco, BTG Pactual, XP, Lojas Renner, Gerdau and Magazine Luiza in the country.

Source: Bloomberg

Deep Dive

For the complete picture, read our in-depth guide: Latin America Stock Markets 2026: Ibovespa, Merval, COLCAP, IPSA and IPC Guide

Live Market IntelligenceBrazil — Live Market BoardInside: market breadth, the sector heatmap, currencies & rates, the Latin America scoreboard and the full instrument board.

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Brazil — Live Market Board

B3 · São Paulo
Jul 16, 2026 · 00:56

Ibovespa · benchmark
176,010.90
-0.36%
+30.14% over 12 months

Market breadth · 15 names
40% advancing

6 ▲ advancing9 declining ▼

Currencies, rates & key inputs
USD / BRL
5.08
+0.06%

EUR / BRL
5.82
-0.61%

Selic rate
14.25%
·

Brent crude
84.62
-0.39%

Iron ore
161.91
·

Sector heatmap · average move today
Mining
+1.74%
VALE3, CSNA3, GGBR4

Materials
+0.90%
SUZB3

Financials
+0.22%
ITUB4, BBDC4, BBAS3, B3SA3

Energy
-0.15%
PETR4, PRIO3

Industrials
-0.17%
WEGE3, RENT3

Utilities
-0.81%
ENEV3

Consumer Disc.
-1.01%
AZZA3

Consumer Staples
-1.52%
ABEV3

Latin America scoreboard
IndexLastTodayStrength
IbovespaBrazil
176,010.90
-0.36%

S&P/BMV IPCMexico
66,399.71
-0.17%

S&P IPSAChile
10,947.38
-0.70%

S&P MERVALArgentina
3,291,246
+1.92%

MSCI COLCAPColombia
2,292.03
-0.29%

BVL S&P PerúPeru
57,174.37
—

Full instrument board
Instrument Last Change YoY Prev. High Low Volume
IBOV 176,010.90 -0.36% +30.14% 176,641.10 — — —
USD/BRL 5.08 +0.06% -8.57% 5.07 5.08 5.08 —
SELIC 14.25% — — — — —
PETR4 40.59 -0.17% +27.04% 40.66 40.59 — —
VALE3 74.51 +0.68% +38.21% 74.01 74.51 — —
ITUB4 43.14 -1.12% +26.88% 43.63 43.14 — —
BBDC4 18.60 -0.16% +15.53% 18.63 18.60 — —
BBAS3 20.55 -0.19% -1.67% 20.59 20.55 — —
B3SA3 15.69 +2.35% +14.28% 15.33 15.85 15.42 36,695,600
ABEV3 15.57 -1.52% +17.33% 15.81 15.57 — —
WEGE3 44.26 +0.14% +11.57% 44.20 44.26 — —
PRIO3 57.50 -0.12% +36.51% 57.57 57.50 — —
SUZB3 41.48 +0.90% -17.86% 41.11 41.93 40.77 4,097,000
RENT3 40.35 -0.47% +9.32% 40.54 40.35 — —
AZZA3 18.66 -1.01% -48.45% 18.85 18.66 — —
CSNA3 5.24 +0.77% -35.15% 5.20 5.25 5.07 10,812,000
GGBR4 24.20 +3.77% +46.93% 23.32 24.42 23.09 15,374,800
ENEV3 26.95 -0.81% +100.07% 27.17 27.35 26.75 10,150,700

Largest moves today
GGBR4
24.20
+3.77%
B3SA3
15.69
+2.35%
ABEV3
15.57
-1.52%
ITUB4
43.14
-1.12%
AZZA3
18.66
-1.01%
SUZB3
41.48
+0.90%
ENEV3
26.95
-0.81%
CSNA3
5.24
+0.77%

The session read
The Ibovespa eased 0.36%, with breadth negative — 6 of 15 names higher. Mining led, while Consumer Staples lagged.

From The Rio Times

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