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Brazil Stocks Jump 1 . 6 % as Dollar Slips 0 . 6 %

Brazil’s Ibovespa rose 1.57% to 208,295.98 points on Tuesday, 20 October 2026, its highest close since 9 October, while the dollar fell 0.58% to 5.019 reais, its third straight daily decline against the real. Investors pointed to a weaker dollar worldwide, foreign buying of Brazilian stocks and lower oil prices, with Brent down 0.69% to US$108.79 a barrel on hopes for progress in US-Iran talks. The US-listed EWZ fund gained about 2.4% to US$42.94. The moves came five days before the 25 October presidential runoff, where a Real Time Big Data poll gave Flávio Bolsonaro 52% and Lula 48% of valid votes, and Polymarket traders priced a Bolsonaro win at 81.2%.

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Original headline: Brazil Stocks Jump 1 . 6 % as Dollar Slips 0 . 6 %

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