INSUBCONTINENT EXCLUSIVE:
The Ibovespa closed higher yesterday, gaining 0.30% to reach 132,352 points, extending its impressive performance after a brief pause on
past five trading sessions.The index continues to operate at the highest levels of the year, reflecting strong investor confidence despite
domestic and global challenges.The Brazilian stock market opened cautiously yesterday morning, with the Ibovespa hovering around 132,100
0.42% at 131,954.90 points.Despite this brief interruption, the Ibovespa has achieved its longest winning streak of 2025, with impressive
monthly and year-to-date gains exceeding 7.77% and 10% respectively.The USD/BRL exchange rate stabilized around R$ 5.67 today, following the
fluctuations.Brazilian Stocks Climb 10% YTD as Analysts Eye All-Time Highs
(Photo Internet reproduction)Global Market ContextUnited States: U.S
markets rose today, breaking a four-week losing streak triggered by trade policy concerns.The S-P 500 gained 0.08% to close at 5,667.56, the
Nasdaq Composite rose 0.52% to 17,784.05, and the Dow Jones Industrial Average added 0.08% to finish at 41,985.35.The turnaround came after
President Trump indicated flexibility regarding tariffs, though he maintained that reciprocal tariffs would take effect on April 2.Asia:
Asian markets generally fell today in response to deepening geopolitical concerns and fears over U.S
suggested a sluggish start to trading as investors processed central bank decisions and ongoing geopolitical tensions.Key Market
signaling another but smaller increase in May.Meanwhile, the Fed maintained rates at 4.25%-4.50% and kept its projection for two
25-basis-point cuts in 2025.Interest Rate Differential: The widening gap between Brazilian and U.S
interest rates has attracted foreign investment, providing support for Brazilian assets.Finance Minister Fernando Haddad expressed
stimulus measures announced by China to boost domestic consumption have supported commodity prices, benefiting emerging markets and
investors assessing potential implications for inflation and economic growth
(Economic Activity Index) showed a 0.89% increase in January compared to the previous month, significantly exceeding market expectations
Marfrig Alimentos SA (MRFG3): Rose 6.80% to R$18.212
Brava Energia SA (BRAV3): Added 5.57% to R$19.333
Hypera SA (HYPE3): Gained 3.93% to R$20.384
JBS SA (JBSS3): Increased 3.45% to R$24.615
Natura -Co Holding SA (NTCO3): Up 3.20% to R$15.48Top Losers:1
Energy of Minas Gerais Co Preferred (CMIG4): Declined 4.85% to R$10.803
Pet Center Comercio e Partcipacoes (PETZ3): Lost 4.30% to R$4.234
Azul SA (AZUL4): Dropped 3.85% to R$6.735
Embraer SA (EMBR3): Decreased 3.42% to R$34.12Sector PerformanceOver the past week, defensive sectors have outperformed
Technology: -3.29%Investment FlowsThe Brazilian market has benefited from foreign capital inflows amid geopolitical uncertainties and
technical analysis, the Ibovespa continues in an uptrend
reach its all-time high of 137,469 points.Current forecasts suggest the index could reach between 139,328 and 152,926 by the end of 2025,
representing potential increases of 12% to 22% from current levels.OutlookThe Brazilian market appears well-positioned to continue its
positive trajectory, supported by the increased interest rate differential, steady foreign investment flows, and a relatively resilient
outlook.Investors will closely monitor the implementation of U.S
tariffs in early April, further guidance from central banks, and key economic indicators in both Brazil and major global economies in the
coming weeks.Brazilian Stocks Climb 10% YTD as Analysts Eye All-Time Highs
