Brazilian assets slump after Lula's reelection and point to a Monday of losses

FinanceInternationalBloomberg LíneaOct 25, 2026, 7:36 PM35 s readAI summary

The reelection of Luiz Inácio Lula da Silva over Senator Flávio Bolsonaro in Sunday's October 25 runoff triggered sharp falls in real derivatives and in instruments linked to Brazilian equities before markets reopened. With 93.03% of votes counted, Lula had 51.68% against Bolsonaro's 48.32%. Investors had bet on a Bolsonaro win, and Brazilian assets had accumulated gains since the first round.

In 35 seconds

November real futures fell 9.12% on CME Group to 18.1450 cents per real, equivalent to about BRL$5.51 per dollar.
The NEXT FUNDS Brazil Stock Ibovespa ETF, listed in Tokyo, plunged 12.72% to 285.4 yen.
Perpetual contracts tied to the iShares MSCI Brazil ETF (EWZ) fell 10.68% on Hyperliquid to US$40.456, with volume of about US$21.28 million.

Read the full story at Bloomberg Línea

IASummary generated by artificial intelligence from a story by Bloomberg Línea. It may contain errors: the original source prevails.

Brasil
elecciones
real brasileño
Ibovespa
mercados

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Brazilian assets slump after Lula's reelection and point to a Monday of losses

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