IBOV 183,476.86 ▼ 0.27% IPSA 11,256.80 ▼ 0.38% IPC MEX 64,992.23 ▲ 1.13% MERVAL 2,893,751 ▼ 1.57% COLCAP 2,584.72 ▼ 0.95% BVL PERÚ 59,934.37 ▲ 1.27% USD/BRL5.17▼ 0.25% USD/MXN17.79▲ 0.57% USD/CLP960.63▼ 0.27% USD/COP3,289— 0.00% USD/PEN3.40▲ 0.12% USD/ARS1,525▼ 0.02% USD/UYU40.21— 0.00% USD/PYG5,870— 0.00% USD/BOB12.17— 0.00% USD/DOP59.35▲ 0.10% USD/CRC450.87— 0.00% USD/GTQ7.64— 0.00% USD/HNL26.85— 0.00% USD/NIO36.62— 0.00% USD/VES854.86▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.77▲ 2.63% EUR/BRL5.88▼ 0.47% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 183,476.86 ▼ 0.27% IPSA 11,256.80 ▼ 0.38% IPC MEX 64,992.23 ▲ 1.13% MERVAL 2,893,751 ▼ 1.57% COLCAP 2,584.72 ▼ 0.95% BVL PERÚ 59,934.37 ▲ 1.27% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Monday, September 28, 2026

Quaest Poll Shows Lula and Flávio Bolsonaro Tied at 41 in the Runoff a Week Before Brazil Votes

By · September 28, 2026 · 3 min read

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BRAZIL · ELECTIONS 2026, 28 SEPTEMBER 2026

Key Facts

—The country — Brazil, Latin America’s largest economy with about 210 million people, votes for a president on Sunday 4 October, with a runoff on 25 October if nobody wins outright.

—The background — President Luiz Inácio Lula da Silva seeks a fourth term. Senator Flávio Bolsonaro carries the conservative banner after his father, former president Jair Bolsonaro, was barred from running and imprisoned.

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—Why it is news — One week before the first round, the pollster that had shown the challenger’s only runoff lead now reads the decisive head-to-head as a dead heat, erasing Flávio Bolsonaro’s last numerical edge in its series.

—What happened — Genial/Quaest released its new national wave: Lula 37 percent, Flávio Bolsonaro 33 percent in the first round; the runoff simulation moved from Flávio 42 to 41 into a 41 to 41 numeric tie.

—The numbers — Quaest interviewed 2,004 voters between 24 and 27 September, with a margin of error of two points, in its final full wave before the 4 October vote.

—What it means for you — A tied runoff reading a week out means volatility is the base case. For money and moving plans alike, prepare for a long election night on 4 October and a probable second round on 25 October.

Sources: Genial/Quaest national poll (fieldwork 24–27 September 2026, 2,004 interviews, ±2pp); Genial/Quaest previous wave (fieldwork 17–20 September); Datafolha (22–24 September, TSE BR-00304/2026); Veritá (10–19 September, 40,500 interviews); BTG Pactual/Nexus (2,000 interviews, late September wave).

Quaest Erases the Challenger’s Last Runoff Lead

For two consecutive waves, Genial/Quaest was the only mainstream institute that put Senator Flávio Bolsonaro numerically ahead in a runoff against President Luiz Inácio Lula da Silva. Its new wave, fielded 24 to 27 September with 2,004 voters and released on the eve of the final campaign week, ends that distinction: the runoff simulation now reads 41 percent each, a numeric tie inside the two-point margin of error.

The shift comes from the president’s side: Lula moved from 40 to 41 percent in the pairing, while Flávio Bolsonaro slipped one point from 42 to 41. Two weeks ago the same house showed the senator ahead 42 to 40. The series now records a three-point swing toward the incumbent in the decisive scenario.

Brazilian electronic voting machines of the TSE being prepared for the 4 October 2026 vote
TSE electronic voting machines readied for Brazil’s first round on 4 October 2026.
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First Round Holds Steady at 37 to 33

In the first-round scenario Quaest keeps the picture stable: Lula 37 percent, Flávio Bolsonaro 33 percent, unchanged from the institute’s mid-September wave. That four-point gap sits inside the broader band our poll tracker records across houses, from Datafolha’s 40 to 36 for Lula to Veritá’s 45.5 to 41.8 for Flávio Bolsonaro in its giant 40,500-interview wave.

Read together, the houses agree on the shape of the race — Lula ahead in the first round, everything open in the second — while disagreeing on the size of every gap. BTG Pactual/Nexus, which also fielded a late-September wave of 2,000 voters, keeps its first-round reading at Lula 40 percent.

Why the Runoff Number Matters Now

Brazil almost certainly votes twice: no candidate is near the absolute majority of valid votes needed to win on 4 October. That makes the runoff simulation the number campaigns watch — and Quaest’s series has flipped from the challenger’s best hope to a coin toss in the span of two waves.

The movement mirrors what the betting markets have been pricing for days, as our prediction markets comparison tracks: money and pollsters now converge on a second round that either man can win.

What Comes Next

The final days before the vote bring the last registered waves from Datafolha, AtlasIntel and the other major houses, with electoral rules restricting new releases immediately around the 4 October ballot. Every new number lands in our poll tracker within hours, and the count itself starts live on election night in our results hub.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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