Ibovespa Rises 4.86% in January, Closes at 126,134 Points, First Positive Month Since August

The Ibovespa index closed at 126,134 points, marking a weekly increase of 3.01%. This performance is attributed to a 4.86% rise in January, the first positive monthly result since August 2023. The index's upward movement follows a perceived dovish stance from the Central Bank of Brazil (Copom), contributing to investor optimism. Despite a slight decline in the final trading session of January, the overall trend indicates a recovery in the Brazilian stock market after five months of negative results. Additionally, the Brazilian real strengthened against the dollar during this period.