B3 index rose 0.45%, to 159,072 points, once again reaching the highest level in its history; American currency closed at R$ 5.33 this Friday (28)
The Ibovespa ended Friday (28) with a new historic high and closed November with a strong rise, while the dollar retreated in the face of greater appetite for risk abroad and the foreign flow to the Brazilian Stock Exchange. The day was also marked by the global halt in futures contracts following a failure in data centers at CME, the world’s largest exchange operator.
The B3 index rose 0.45%, to 159,072 points, renewing the highest level in its history. In the month, it accumulated an increase of 6.37% — the best performance since August 2024 — and an increase of 32.25% in the year. The movement reflected: the drop in unemployment to the lowest level in the IBGE series, at 5.4% in the quarter ended in October; the expectation of an interest rate cut by the Federal Reserve in December; and the billion-dollar distribution of dividends by large companies such as Itaú (R$23.4 billion) and Vale (R$15.3 billion).
Bank and mining company shares boosted the index, while Petrobras retreated after presenting the 2026-2030 Business Plan, which foresees US$109 billion in investments and dividends of between US$45 billion and US$50 billion in the period. The session had lower trading volume due to the Thanksgiving holiday in the United States, which operated until 3 pm (Brasília time).
Futures trading was halted for more than 11 hours due to a problem with the data center cooling system of the company CyrusOne, which serves the CME. The episode affected currency contracts, oil, gold and global indices, such as Nasdaq 100, Nikkei and currency pairs on the EBS platform. Analysts classified the failure as a warning of weaknesses in market infrastructure, although the impact was limited by the low volume typical of the American holiday.
The dollar closed down 0.31%, quoted at R$5.3351. The movement reflected: the stronger expectation of an interest rate cut by the Fed; the positive performance of emerging currencies; the foreign flow to the Brazilian Stock Exchange; and reduced liquidity abroad and formation of the last Ptax of the month. For experts, the more benign external scenario and the high volume of futures negotiations opened space for the currency to fall, with projections that the dollar could test the range between R$5.30 and R$5.25 in December — although fiscal issues and political tensions in the country could limit further appreciation of the real.
The unemployment rate of 5.4% positively surprised analysts and marked the lowest level since the series began in 2012. The unemployed population fell to 5.9 million people, also at a historic low. Economists assess, however, that the job market may have reached its “cyclical floor”, with a tendency to stabilize or slightly increase in the coming months.
*Report produced with the help of AI
