Bovespa heads into Thursday after 2.7 percent loss and Vale

Bovespa heads into Thursday after closing at 171,006 points on October 28, down 4,704 points or 2.7 percent from the previous session, Investing.com reports. Bank shares led the retreat as the index absorbed post-election fiscal concerns, while the Federal Reserve held rates at 3.75 percent to 4.00 percent, the Rio Times says.

Cosan was the worst performer, falling 12.3 percent. Marfrig was the strongest gainer, rising 2.8 percent after the previous session's broad selloff.

Why is Bovespa under pressure?

The index traded between 170,162 and 175,711 points on October 28. Financials, real estate and consumption stocks led declines, while 708 B3-listed shares fell against 278 advancers, Investing.com reports.

Bovespa winners and losers on October 28

Winners and losers at the October 28 close according to Investing.com:

• Marfrig up 2.8 percent
• TIM up 2.3 percent
• WEG up 2.3 percent
• Cosan down 12.3 percent
• Vamos down 11.3 percent
• Cogna down 10.0 percent

What comes next for Bovespa

• October 29, 2026, 2:30 p.m. BRT: Brazil net payrolls, with consensus for 180,000 jobs and a prior reading of 165,830, the Rio Times says.
• October 29, 2026, 8:30 a.m. ET: US core personal consumption expenditures inflation, third-quarter gross domestic product and jobless claims, ATFX lists.
• October 29, 2026, after the B3 close: Vale releases third-quarter earnings, with the reaction expected in Friday trading.

Bovespa price data for October 28, 2026

Bovespa closed at 171,006 points on October 28, down 4,704 points or 2.7 percent from the previous close, Investing.com reports. The previous close was 175,710 points, and the index opened at 175,710 points. The day high was 175,711 points and the day low was 170,162 points.

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