Ibovespa Extends January Rally Into February; Awaits Copom Minutes

2026-02-03 - 09:05

Key Points The Ibovespa rose 0.79% on Monday to close at 182,793.40 points, extending January’s 12.56% rally, the best monthly performance since November 2020. The dollar closed at R$5.2593, up 0.22%, but remains well below January’s highs after falling 4.40% last month. Market awaits Copom minutes on Tuesday after the central bank held rates at