INSUBCONTINENT EXCLUSIVE:
The Brazilian stock market, Ibovespa, closed on a positive note on February 10, 2025, recovering losses from the previous session
The index rose 0.76% to reach 125,571.81 points, supported by gains in cyclical stocks and metal commodities.This performance came despite
Vale (VALE3), a key player in the commodities sector, helped drive the Ibovespa higher
Petrobras (PETR4; PETR3) also posted gains, benefiting from strong commodity prices.Steelmaker Gerdau (GGBR4) saw its stock rise over 4.5%,
as analysts predicted its U.S.-based operations could gain from reduced competition due to the tariffs.Meanwhile, Cogna (COGN3) advanced
However, not all sectors shared in the gains.Ibovespa Rises as Vale and Commodities Defy Global Trade Tensions
(Photo Internet reproduction)Airline Azul (AZUL4) faced the sharpest decline of the day, pressured by rising oil prices and a stronger
dollar abroad, which increased operational costs
While Gerdau may benefit from its U.S
operations, other Brazilian exporters face challenges adapting to this policy shift.In the U.S., major indices like the Dow Jones (+0.38%),
S-P 500 (+0.67%), and Nasdaq (+0.98%) shrugged off trade tensions to close higher
However, it also underscores the risks posed by protectionist policies and domestic inflationary pressures