Brazil’s benchmark equity gauge advanced early on Wednesday, extending a rally into an 11th straight session as investors positioned ahead of industrial production figures due later in the day and a new electoral poll.
The Ibovespa climbed 0.48% to 180,581.12 points by 10:05 a.m. local time in São Paulo, according to exchange data. The October 14, 2026 futures contract on the index rose 0.58% in tandem.
The session’s gains reflected a focus on domestic industrial output data scheduled for release, which traders viewed as a potential catalyst for broader market sentiment. The index has posted gains in each of the prior 10 sessions, underscoring a recent trend of positive momentum in Brazilian equities.
