The company’s shares (PETR4) fell 1.62% after the 1st quarter balance sheet discouraged investors
The dollar rose 0.09% this Tuesday (May 12, 2026) and ended the session at R$4.896. The currency reached a maximum of R$4.916 and a minimum of R$4.889 during the day.
Ibovespa lost 0.86%, falling to 180,342.33 points. BNorth American stocks performed mixed, amid profit-taking in technology companies after recent highs.
The devaluation of the real reflected the strengthening of the dollar against the world’s main currencies. The DXY index – an indicator that measures the strength of the dollar against a basket of 6 developed market currencies – advanced 0.42%.
The index was pressured by Petrobras and Itaú. The oil company reported operating results below market expectations in the 1st quarter. The rise in oil prices caused by the conflict in the Middle East has not yet been reflected in the company’s numbers.
No international market commoditiesBrent oil rose more than 3%, trading above US$107 per barrel, given the worsening prospects for a ceasefire between the United States and Iran.
INFLATION IN BRAZIL AND USA
In the domestic scenario, the market reflected April’s IPCA data. Despite the slowdown in headline inflation to 0.67% in the month, the accumulated rate in 12 months advanced to 4.39%, close to the ceiling of the BC (Central Bank) target.
In the USA, the CPI (consumer price index, translated from English) slowed at the margin, but accumulated an annual increase of 3.8%, above what investors expected and at the highest level since May 2023.
Energy and fuel prices continued to put pressure on prices in the 3 countries. In Brazil, food also weighed heavily.
