The Brazilian stock market, represented by the Ibovespa index, closed 2024 with a decline of 10.36%, marking its first negative annual performance since 2021. This downturn is attributed to various economic factors, with the index experiencing its worst result since 2015 when considering dollar variation. Notably, shares of Embraer and Marfrig performed well, gaining 150.9% and 104%, respectively. The year-end results reflect a tumultuous economic landscape, prompting analysts to look forward to potential recovery in 2025.