Brazils B3 closed higher on April 23, 2025, as the Ibovespa index rose 1.34% to 132,216 points.
This move followed a volatile period marked by uncertainty over US trade policy.The news comes from recent market data and official statements.
Traders in So Paulo responded to US President Donald Trumps announcement that he would not remove Federal Reserve Chair Jerome Powell.Trump also suggested he might lower tariffs on Chinese goods.
These signals reduced fears of a trade war escalation and stabilized global sentiment.
Brazils market saw gains in key sectors.JBS led with a 6.38% jump, buoyed by news of a US dual listing and a call for an extraordinary general meeting.
Usiminas rose 6.30%, and CVC Brasil gained 5.91%.Vale, a heavyweight in the index, added 1.5%, while Eletrobras and Companhia Sanea also advanced.
Major banks posted gains as the prospect of lower US rates and softer trade barriers bolstered Brazils export-oriented sectors.Ibovespa Climbs as Tariff Fears Ease, Market Eyes US Signals.
(Photo Internet reproduction)On the downside, education and retail stocks lagged.
Cogna Educao dropped 8.08% after weak results, Magazine Luiza fell 5.92% on margin concerns, and YDUQS Participaes lost 5.50%.Brazil Market UpdateInvestors punished these companies for disappointing performance and sector-specific challenges.
The real strengthened, with the dollar closing at R$5.7177, down 0.17%.Trading volume reached R$12 billion, slightly below the years average, reflecting a cautious mood even as the market advanced.
The iShares MSCI Brazil ETF recorded R$150 million in outflows, showing that global investors remain wary despite local optimism.Globally, markets moved in sync with the US.
The S&P 500 rose 1.67%, the Dow Jones gained 1.07%, and the Nasdaq jumped 2.5%, although all closed off their session highs.European markets mirrored this relief but lost momentum by Thursday.
Asia saw mixed results, with Japans Nikkei up 0.9% and Hong Kongs Hang Seng down 0.3%.The days rally in Brazil masked underlying concerns.
Trumps tariff policy remains uncertain, and any reversal could quickly hit Brazilian exports, especially petroleum and steel.Analysts pointed to the resilience of Petrobras and Vale as a sign that Brazils market still relies on commodity strength and global demand.
Technical indicators show the Ibovespa near resistance at 133,500, with steady momentum but no signs of excess.The index has gained almost 10% in 2025, but remains below its August 2024 peak.
The markets fundamentals look stable, with a price-to-earnings ratio of 8.7x and steady earnings growth.Behind the numbers, Brazils market stands at a crossroads.
Local companies must adapt to shifting US policy and global trade dynamics.
The next move will depend on decisions made in Washington, not So Paulo.
Investors remain alert, knowing that external shocks could quickly change the outlook.