Markets react to Lula's win in Brazil: EWZ ETF plunges nearly 20% and the real comes under pressure

FinanceInternationalAmbitoOct 25, 2026, 7:48 PM30 s readAI summary

After Lula Da Silva's victory in Brazil's runoff, Brazilian financial assets are posting sharp declines in pre-market trading. The EWZ ETF, which groups the main companies on the Brazilian stock exchange, plunges nearly 20%, while Petrobras and Itaú were down almost 13%. Real futures depreciate 10%. Analysts say Monday's open will be key to gauge the size of the move and how much was already priced in.

In 30 seconds

The EWZ ETF, which groups Brazil's largest companies, falls nearly 20% in pre-market trading
Petrobras and Itaú were down almost 13%
Real futures depreciate 10%

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

Brasil
Lula
mercados
real
EWZ

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Markets react to Lula's win in Brazil: EWZ ETF plunges nearly 20% and the real comes under pressure

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