[Brazil] - Ibovespa Extends Winning Streak to Third Consecutive Session-- March 7, 2025

INSUBCONTINENT EXCLUSIVE:
weaker-than-expected domestic GDP data and mixed global market signals.The main stock index finished up 1.36% at 125,034.63 points,
accumulating a weekly gain of 1.82% in a trading week shortened by the Carnival holiday.Meanwhile, the Brazilian real slightly weakened
against the dollar, with the US currency closing at R$5.7902, representing a modest advance
resilience today, shrugging off disappointing domestic GDP figures.Fourth-quarter GDP data released this morning showed growth below analyst
7, 2025
(Photo Internet reproduction)Investors instead focused on encouraging signals from US employment data, which showed a labor market cooling
slightly more than anticipated
explained a chief investment strategist at a major Brazilian brokerage.Global Market ContextUS markets recouped some of their weekly losses
today, with all three major indices finishing in positive territory:Dow Jones: up at 42,801.72 pointsS&P 500: up at 5,770.20 pointsNasdaq:
representing an increase from January levels.Petrobras: Shares rose after consecutive sessions of decline, supported by recovering
sector pressures affected financial stocks.NTPC: Utilities underperformed in the session.Shriram Finance: Financial services stocks faced
significant reversal in foreign investment flows in early 2025
According to B3 data, foreign investors have injected capital into Brazilian stocks since the beginning of the year, a striking turnaround
trend of companies delisting from the B3 exchange.The number of listed companies has declined from 2021 to currently, with delistings
outpacing IPOs for the first time in modern market history.Technical AnalysisFrom a technical perspective, the Ibovespa remains in a mixed
position
Short and mid-term trends appear bearish, while the long-term outlook remains neutral
The index faces immediate resistance and has support at certain levels.The Brazil ETF Volatility Index stands at elevated levels, indicating
heightened market uncertainty
This represents an increase from the same period last year, reflecting the more challenging macro environment facing Brazilian
reversal in foreign investment flows suggests international investors may be recognizing value in Brazilian assets after significant
underperformance in 2024.However, challenges remain
domestic and international economic currents, market participants will be closely monitoring upcoming inflation data and central bank
March 7, 2025