04.11.202513:57:01UTC+00Ibovespa Slips After Record High on Mixed Earnings

The Ibovespa index dipped slightly, nearing the 150,000 threshold following a historic peak the previous day, amidst a combination of varied corporate earnings reports. Embraer saw a 1% decrease, having announced an adjusted net profit of R$289.4 million for the third quarter of 2025, marking a significant 76.4% decline from the same period last year. Similarly, Copasa experienced a drop of over 0.5% as its profits decreased by 2% to R$360.8 million. Additionally, Petrobras experienced a slight downturn due to falling oil prices, influenced by a substantial oil supply, while Vale slipped nearly 1% as iron ore futures faced a third consecutive session of losses due to weakened demand from the Chinese steel market. Conversely, Banco do Brasil saw a boost of over 2.5%, having achieved a managerial net profit of R$2.56 billion, representing its most substantial recurring quarterly outcome since its initial public offering in 2013. TIM had a marginal gain of 0.1%, reporting a remarkable 50% increase in profit to R$1.2 billion compared to the previous year, and Pague Menos advanced by 1% following a 49.6% rise in profit to R$80.6 million.