By Brazil Stock Guide – Brazil’s Ibovespa (IBOV:IND) surged on Friday, extending gains as Jerome Powell’s comments at the Jackson Hole symposium strengthened wagers on imminent US rate cuts and lifted demand for risk assets.
The move was first reported by Reuters, which said the benchmark stock gauge climbed 2.41% to 137,751.73. The index touched an intraday high of 138,071.55 after a low of 134,511.49, with “almost all” constituents advancing. Turnover reached R$20.85 billion before final adjustments, and the gauge advanced 1.03% for the week, according to the report by Patricia Vilas Boas (Aug. 22, 2025).
Powell’s remarks were interpreted as consistent with a near-term easing path by the Federal Reserve, helping compress global rate expectations and favoring flows into emerging markets. Brazilian equities, highly sensitive to US policy signals, responded with broad-based gains across the session.
By the numbers (Aug. 22, 2025)
Driver: Jackson Hole speech by Fed Chair Jerome Powell signaling scope for rate cuts, per Reuters via Investing.com
Close: 137,751.73 (+2.41%)
Intraday range: 134,511.49 – 138,071.55
Weekly change: +1.03%
Turnover (pre-adjustment): R$20.85 billion