IBOV 173,714.08 ▼ 0.06% IPSA 10,913.99 ▼ 0.31% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,187,056 ▲ 0.06% COLCAP 2,287.57 ▲ 0.11% BVL PERÚ 57,220.16 — — USD/BRL5.11▲ 0.18% USD/MXN17.53▲ 0.60% USD/CLP931.20▲ 0.67% USD/COP3,257▲ 0.81% USD/PEN3.39▲ 0.22% USD/ARS1,478▲ 0.17% USD/UYU40.23▲ 1.74% USD/PYG6,032▲ 1.81% USD/BOB10.65▲ 4.37% USD/DOP58.24▲ 1.37% USD/CRC446.12▲ 1.44% USD/GTQ7.62▲ 2.73% USD/HNL26.73▲ 1.94% USD/NIO36.62▲ 1.17% USD/VES730.65▲ 0.57% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59▲ 0.87% USD/TTD6.74▲ 1.70% EUR/BRL5.84▲ 0.18% BRENT 87.89 ▲ 4.35% WTI 81.60 ▲ 3.36% IRON ORE 161.91 — — COPPER 6.26 ▼ 0.56% GOLD 4,014 ▲ 0.72% SILVER 56.26 ▲ 0.65% SOY 1,203 ▲ 0.63% CORN 468.25 ▲ 6.06% WHEAT 684.75 ▲ 1.48% COFFEE 321.10 ▼ 0.06% SUGAR 14.82 ▲ 2.63% ORANGE JUICE 139.35 ▲ 4.15% COTTON 78.93 ▲ 1.60% COCOA 5,610 ▲ 7.55% BEEF 220.63 ▼ 2.84% CATTLE 339.08 ▼ 2.17% LITHIUM 68.38 ▼ 0.70% PETR4 40.90 ▲ 2.53% VALE3 72.94 ▼ 0.05% ITUB4 41.96 ▼ 1.39% BBDC4 18.29 ▼ 0.65% ABEV3 15.63 ▲ 0.19% BBAS3 20.49 ▼ 1.30% B3SA3 15.20 ▼ 1.23% WEGE3 43.63 ▲ 0.32% PRIO3 57.85 ▲ 1.87% SUZB3 41.93 ▲ 0.55% RENT3 38.23 ▼ 1.62% AZZA3 18.59 ▲ 0.32% CSAN3 3.84 ▼ 1.03% RAIZ4 0.29 — 0.00% PCAR3 2.60 ▲ 0.39% GMAT3 3.88 ▼ 1.02% PSSA3 55.14 ▼ 0.14% CVCB3 1.22 ▼ 9.63% POSI3 3.80 ▼ 2.06% SLCE3 13.53 ▼ 0.59% NATU3 8.55 ▼ 0.12% BRKM5 6.19 ▲ 1.48% RANI3 7.95 ▼ 1.61% CSNA3 5.05 ▼ 0.98% CMIN3 5.33 ▼ 2.20% USIM5 8.23 ▲ 4.18% GGBR4 24.04 ▲ 0.54% ENEV3 25.68 ▼ 1.04% CPFE3 46.87 ▼ 0.68% CMIG4 11.12 ▲ 0.27% EQTL3 39.50 ▼ 0.88% LREN3 13.42 ▼ 1.69% VIVT3 35.52 ▲ 0.14% RAIL3 13.70 ▼ 1.65% KLABIN 17.58 ▲ 1.27% RAIA DROGASIL 18.55 ▲ 0.16% RDOR3 35.78 ▼ 0.25% HAPV3 11.38 ▲ 3.93% FLRY3 16.59 ▲ 1.04% SMTO3 15.45 ▼ 1.72% UGPA3 32.07 ▲ 0.25% VBBR3 34.92 ▲ 1.60% BBSE3 41.12 ▼ 0.15% BPAC11 56.18 ▼ 0.72% CURY3 30.67 ▼ 1.98% AERI3 2.02 — 0.00% VIVARA 22.44 ▼ 3.90% COMPASS 24.88 ▼ 0.12% VAMOS 3.17 ▲ 0.32% SANB11 26.65 ▼ 0.67% ASAI3 8.50 ▼ 0.70% SBSP3 29.22 ▼ 0.27% WALMEX 49.52 ▼ 0.08% GMEXICO 200.05 ▲ 0.41% FEMSA 225.68 ▲ 0.28% CEMEX 22.69 ▼ 0.40% GFNORTE 181.34 ▲ 0.53% BIMBO 58.00 ▲ 0.14% TELEVISA 9.57 ▲ 0.63% AMX 23.00 ▲ 0.97% GAP 386.00 ▼ 1.47% ASUR 279.92 ▼ 0.36% OMA 230.06 ▼ 1.30% KOF 181.10 ▲ 1.20% GRUMA 287.32 ▲ 0.34% KIMBER 38.67 ▼ 0.28% SQM-B 65,300 ▼ 1.14% COPEC 6,200 ▲ 1.21% BSANTANDER 76.55 ▼ 2.06% FALABELLA 5,858 ▲ 0.08% ENELAM 84.79 ▼ 0.01% CENCOSUD 2,000 ▼ 0.25% CMPC 1,073 ▼ 0.13% BANCO CHILE 188.26 ▼ 0.33% LATAM AIR 24.75 ▼ 2.56% YPF 77,900 ▲ 2.40% GGAL 7,860 ▼ 0.06% PAMPA 5,170 ▲ 1.17% TXAR 665.00 ▲ 0.45% ALUAR 949.50 ▲ 1.01% TGS 9,370 ▼ 0.16% CEPU 2,264 ▲ 0.18% MIRGOR 16,875 ▲ 0.75% COME 43.84 ▼ 1.39% LOMA NEGRA 3,535 ▼ 0.63% BYMA 299.00 ▼ 0.83% TELECOM ARG 4,150 ▼ 0.72% ECOPETROL 16.09 ▲ 1.84% BANCOLOMBIA 80.44 ▲ 1.22% GRUPO AVAL 4.92 ▼ 1.01% CREDICORP 390.70 ▲ 0.84% SOUTHERN COPPER 172.50 ▼ 1.80% BUENAVENTURA 30.24 ▲ 0.23% MERCADOLIBRE 1,814 ▼ 2.34% NUBANK 13.59 ▼ 1.45% XP 16.67 ▼ 0.06% PAGSEGURO 9.05 ▼ 1.09% STONE 11.15 ▼ 0.45% GLOBANT 32.23 ▲ 0.09% TECNOGLASS 46.46 ▼ 0.79% GAP AIRPORT 220.27 ▼ 2.22% ASUR 279.92 ▼ 0.36% OMA AIRPORT 105.31 ▼ 1.77% AMX ADR 26.26 ▲ 0.46% FEMSA ADR 128.85 ▼ 0.50% CEMEX ADR 12.98 ▼ 0.92% PETROBRAS ADR 17.97 ▲ 2.86% VALE ADR 14.20 ▼ 0.18% ITAU ADR 8.21 ▼ 1.14% SANTANDER BR 5.24 ▼ 1.04% AMBEV ADR 3.04 ▼ 0.49% CSN 0.99 ▼ 0.89% GERDAU 4.73 ▲ 0.11% LATAM ADR 52.56 ▼ 1.17% BTC 63,992 ▲ 0.32% ETH 1,839 ▼ 1.27% SOL 75.00 ▼ 0.36% XRP 1.09 ▲ 0.15% BNB 567.36 ▼ 0.84% ADA 0.17 ▲ 2.82% DOGE 0.07 ▲ 0.01% AVAX 6.56 ▲ 0.82% LINK 8.22 ▼ 1.31% DOT 0.86 ▼ 0.21% LTC 45.01 ▲ 0.15% BCH 219.83 ▼ 0.80% TRX 0.32 ▼ 0.11% XLM 0.19 ▲ 1.08% HBAR 0.07 ▼ 0.87% NEAR 1.92 ▼ 2.32% ATOM 1.52 ▲ 0.49% AAVE 90.66 ▼ 0.52% SELIC 14.25% EMBRAER 81.75 ▼ 0.02% EMBRAER ADR 64.10 ▼ 0.42% JBS 11.90 ▼ 1.12% JBS BDR 60.20 ▼ 2.11% MBRF3 15.03 ▼ 1.70% MBRFY 2.90 ▼ 1.02% INTER 5.37 ▼ 3.07% EGX 52,928 ▲ 0.70% USD/ZAR16.52▲ 0.60% USD/NGN1,378▼ 0.20% NIKKEI 64,141 ▼ 4.03% CSI300 4,529 ▼ 3.60% HSI 24,562 ▼ 1.78% NIFTY 24,334 ▲ 1.09% KOSPI 6,821 ▼ 6.37% JCI 6,176 ▲ 1.10% USD/JPY162.42▲ 0.02% USD/CNY6.78▲ 0.03% DAX 24,831 ▼ 0.34% CAC 8,339 ▼ 0.47% FTSE 10,600 ▲ 0.27% MIB 51,882 ▼ 0.94% IBEX 19,217 ▼ 0.45% STOXX 641.53 ▼ 0.34% EUR/USD1.14— 0.00% GBP/USD1.35▼ 0.64% SPX 7,458 ▼ 1.01% DJI 52,146 ▼ 0.77% NDX 28,593 ▼ 1.49% RUT 2,962 ▼ 0.42% TSX 35,264 ▼ 0.22% VIX 18.77 ▲ 12.19% USD/CAD1.40▼ 0.21% US10Y 4.5410 ▼ 0.61% IBOV 173,714.08 ▼ 0.06% IPSA 10,913.99 ▼ 0.31% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,187,056 ▲ 0.06% COLCAP 2,287.57 ▲ 0.11% BVL PERÚ 57,220.16 — — USD/BRL 5.11 ▲ 0.18% USD/MXN 17.53 ▲ 0.60% USD/CLP 931.20 ▲ 0.67% USD/COP 3,257 ▲ 0.81% USD/PEN 3.39 ▲ 0.22% USD/ARS 1,478 ▲ 0.17% USD/UYU 40.23 ▲ 1.74% USD/PYG 6,032 ▲ 1.81% USD/BOB 10.65 ▲ 4.37% USD/DOP 58.24 ▲ 1.37% USD/CRC 446.12 ▲ 1.44% USD/GTQ 7.62 ▲ 2.73% USD/HNL 26.73 ▲ 1.94% USD/NIO 36.62 ▲ 1.17% USD/VES 730.65 ▲ 0.57% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.36% USD/TTD 6.74 ▲ 1.17% EUR/BRL 5.84 ▲ 0.18% BRENT 87.89 ▲ 4.35% WTI 81.60 ▲ 3.36% IRON ORE 161.91 — — COPPER 6.26 ▼ 0.56% GOLD 4,014 ▲ 0.72% SILVER 56.26 ▲ 0.65% SOY 1,203 ▲ 0.63% CORN 468.25 ▲ 6.06% WHEAT 684.75 ▲ 1.48% COFFEE 321.10 ▼ 0.06% SUGAR 14.82 ▲ 2.63% ORANGE JUICE 139.35 ▲ 4.15% COTTON 78.93 ▲ 1.60% COCOA 5,610 ▲ 7.55% BEEF 220.63 ▼ 2.84% CATTLE 339.08 ▼ 2.17% LITHIUM 68.38 ▼ 0.70% PETR4 40.90 ▲ 2.53% VALE3 72.94 ▼ 0.05% ITUB4 41.96 ▼ 1.39% BBDC4 18.29 ▼ 0.65% ABEV3 15.63 ▲ 0.19% BBAS3 20.49 ▼ 1.30% B3SA3 15.20 ▼ 1.23% WEGE3 43.63 ▲ 0.32% PRIO3 57.85 ▲ 1.87% SUZB3 41.93 ▲ 0.55% RENT3 38.23 ▼ 1.62% AZZA3 18.59 ▲ 0.32% CSAN3 3.84 ▼ 1.03% RAIZ4 0.29 — 0.00% PCAR3 2.60 ▲ 0.39% GMAT3 3.88 ▼ 1.02% PSSA3 55.14 ▼ 0.14% CVCB3 1.22 ▼ 9.63% POSI3 3.80 ▼ 2.06% SLCE3 13.53 ▼ 0.59% NATU3 8.55 ▼ 0.12% BRKM5 6.19 ▲ 1.48% RANI3 7.95 ▼ 1.61% CSNA3 5.05 ▼ 0.98% CMIN3 5.33 ▼ 2.20% USIM5 8.23 ▲ 4.18% GGBR4 24.04 ▲ 0.54% ENEV3 25.68 ▼ 1.04% CPFE3 46.87 ▼ 0.68% CMIG4 11.12 ▲ 0.27% EQTL3 39.50 ▼ 0.88% LREN3 13.42 ▼ 1.69% VIVT3 35.52 ▲ 0.14% RAIL3 13.70 ▼ 1.65% KLABIN 17.58 ▲ 1.27% RAIA DROGASIL 18.55 ▲ 0.16% RDOR3 35.78 ▼ 0.25% HAPV3 11.38 ▲ 3.93% FLRY3 16.59 ▲ 1.04% SMTO3 15.45 ▼ 1.72% UGPA3 32.07 ▲ 0.25% VBBR3 34.92 ▲ 1.60% BBSE3 41.12 ▼ 0.15% BPAC11 56.18 ▼ 0.72% CURY3 30.67 ▼ 1.98% AERI3 2.02 — 0.00% VIVARA 22.44 ▼ 3.90% COMPASS 24.88 ▼ 0.12% VAMOS 3.17 ▲ 0.32% SANB11 26.65 ▼ 0.67% ASAI3 8.50 ▼ 0.70% SBSP3 29.22 ▼ 0.27% WALMEX 49.52 ▼ 0.08% GMEXICO 200.05 ▲ 0.41% FEMSA 225.68 ▲ 0.28% CEMEX 22.69 ▼ 0.40% GFNORTE 181.34 ▲ 0.53% BIMBO 58.00 ▲ 0.14% TELEVISA 9.57 ▲ 0.63% AMX 23.00 ▲ 0.97% GAP 386.00 ▼ 1.47% ASUR 279.92 ▼ 0.36% OMA 230.06 ▼ 1.30% KOF 181.10 ▲ 1.20% GRUMA 287.32 ▲ 0.34% KIMBER 38.67 ▼ 0.28% SQM-B 65,300 ▼ 1.14% COPEC 6,200 ▲ 1.21% BSANTANDER 76.55 ▼ 2.06% FALABELLA 5,858 ▲ 0.08% ENELAM 84.79 ▼ 0.01% CENCOSUD 2,000 ▼ 0.25% CMPC 1,073 ▼ 0.13% BANCO CHILE 188.26 ▼ 0.33% LATAM AIR 24.75 ▼ 2.56% YPF 77,900 ▲ 2.40% GGAL 7,860 ▼ 0.06% PAMPA 5,170 ▲ 1.17% TXAR 665.00 ▲ 0.45% ALUAR 949.50 ▲ 1.01% TGS 9,370 ▼ 0.16% CEPU 2,264 ▲ 0.18% MIRGOR 16,875 ▲ 0.75% COME 43.84 ▼ 1.39% LOMA NEGRA 3,535 ▼ 0.63% BYMA 299.00 ▼ 0.83% TELECOM ARG 4,150 ▼ 0.72% ECOPETROL 16.09 ▲ 1.84% BANCOLOMBIA 80.44 ▲ 1.22% GRUPO AVAL 4.92 ▼ 1.01% CREDICORP 390.70 ▲ 0.84% SOUTHERN COPPER 172.50 ▼ 1.80% BUENAVENTURA 30.24 ▲ 0.23% MERCADOLIBRE 1,814 ▼ 2.34% NUBANK 13.59 ▼ 1.45% XP 16.67 ▼ 0.06% PAGSEGURO 9.05 ▼ 1.09% STONE 11.15 ▼ 0.45% GLOBANT 32.23 ▲ 0.09% TECNOGLASS 46.46 ▼ 0.79% GAP AIRPORT 220.27 ▼ 2.22% ASUR 279.92 ▼ 0.36% OMA AIRPORT 105.31 ▼ 1.77% AMX ADR 26.26 ▲ 0.46% FEMSA ADR 128.85 ▼ 0.50% CEMEX ADR 12.98 ▼ 0.92% PETROBRAS ADR 17.97 ▲ 2.86% VALE ADR 14.20 ▼ 0.18% ITAU ADR 8.21 ▼ 1.14% SANTANDER BR 5.24 ▼ 1.04% AMBEV ADR 3.04 ▼ 0.49% CSN 0.99 ▼ 0.89% GERDAU 4.73 ▲ 0.11% LATAM ADR 52.56 ▼ 1.17% BTC 63,992 ▲ 0.32% ETH 1,839 ▼ 1.27% SOL 75.00 ▼ 0.36% XRP 1.09 ▲ 0.15% BNB 567.36 ▼ 0.84% ADA 0.17 ▲ 2.82% DOGE 0.07 ▲ 0.01% AVAX 6.56 ▲ 0.82% LINK 8.22 ▼ 1.31% DOT 0.86 ▼ 0.21% LTC 45.01 ▲ 0.15% BCH 219.83 ▼ 0.80% TRX 0.32 ▼ 0.11% XLM 0.19 ▲ 1.08% HBAR 0.07 ▼ 0.87% NEAR 1.92 ▼ 2.32% ATOM 1.52 ▲ 0.49% AAVE 90.66 ▼ 0.52% SELIC 14.25% EMBRAER 81.75 ▼ 0.02% EMBRAER ADR 64.10 ▼ 0.42% JBS 11.90 ▼ 1.12% JBS BDR 60.20 ▼ 2.11% MBRF3 15.03 ▼ 1.70% MBRFY 2.90 ▼ 1.02% INTER 5.37 ▼ 3.07% EGX 52,928 ▲ 0.70% USD/ZAR 16.52 ▲ 0.86% USD/NGN 1,378 ▲ 0.02% NIKKEI 64,141 ▼ 4.03% CSI300 4,529 ▼ 3.60% HSI 24,562 ▼ 1.78% NIFTY 24,334 ▲ 1.09% KOSPI 6,821 ▼ 6.37% JCI 6,176 ▲ 1.10% USD/JPY 162.42 ▲ 0.05% USD/CNY 6.7755 ▲ 0.18% DAX 24,831 ▼ 0.34% CAC 8,339 ▼ 0.47% FTSE 10,600 ▲ 0.27% MIB 51,882 ▼ 0.94% IBEX 19,217 ▼ 0.45% STOXX 641.53 ▼ 0.34% EUR/USD 1.1442 ▼ 0.02% GBP/USD 1.3453 ▼ 0.20% SPX 7,458 ▼ 1.01% DJI 52,146 ▼ 0.77% NDX 28,593 ▼ 1.49% RUT 2,962 ▼ 0.42% TSX 35,264 ▼ 0.22% VIX 18.77 ▲ 12.19% USD/CAD 1.4016 ▼ 0.16% US10Y 4.5410 ▼ 0.61%
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Friday, July 17, 2026

Opinion: A Fresh Look at Brazil’s Right – Bolsonaro’s Rally and Beyond

By · February 26, 2024 · 2 min read

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(Opinion) The São Paulo rally for Jair Bolsonaro shines a light on unwavering support for the former leader. It hints at changing dynamics in Brazil’s political system.

While Bolsonaro’s future remains uncertain, the event introduced key right-wing players, showing who’s up and who’s down.

Bolsonaro still knows how to gather crowds, despite facing legal inquiries. He avoided direct attacks on Supreme Court Justice Alexandre de Moraes and acknowledged his election loss.

His plea for amnesty shows he’s wary of legal troubles. Yet, his ability to mobilize people shows he still holds sway in Brazil’s political talks.

Malafaia’s Stand

Evangelical leader Silas Malafaia criticized Justice Moraes and the voting system in a powerful speech.

Opinion: A Fresh Look at Brazil's Right - Bolsonaro's Rally and Beyond
Opinion: A Fresh Look at Brazil’s Right – Bolsonaro’s Rally and Beyond. (Photo Internet reproduction)
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He stands as a pivotal right-wing figure. His bond with Bolsonaro grows stronger, possibly causing jealousy among Bolsonaro’s allies.

Freitas’s Position

São Paulo Governor Tarcísio Freitas has proven his loyalty to Bolsonaro, emerging as a successor to his legacy.

Even though President Lula praised him, Freitas’s support at the rally shows he’s eyeing future political goals.

Nunes’s Strategy

São Paulo Mayor Ricardo Nunes attended the rally against his party’s counsel.

His participation, though modest, suggests he might lean towards Bolsonaro’s supporters for his future electoral plans.

Ferreira’s Rise

Nikolas Ferreira emerges as a new, young voice in the Bolsonaro camp.

His focus on the future rather than battling the judiciary shows a strategic way to keep Bolsonaro’s movement alive.

Implications of the Rally

This rally did more than just bolster Bolsonaro’s base. It set the stage for the 2024 local elections and beyond.

Bolsonaro’s speech, calling for fair elections and judicial integrity, points to a broader vision for Brazil’s rights, despite his inability to run for office now.

The event also highlighted potential local election candidates, showing the rally’s role in promoting political figures who share Bolsonaro’s views across Brazil.

This gathering on São Paulo Avenue thus acts as a measure of the continued strength and changing currents within Brazil’s right-wing political scene.

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