The Ibovespa rose 1.71% on Thursday, June 11, driven by statements from President Donald Trump about a possible agreement with Iran. The dollar fell more than 1% and closed at 5.09 reais.
The main B3 index reached 171.4 thousand points in today's trading session. Banks such as Itaú and Bradesco led the gains.
Trump stated on his Truth Social network that discussions for an agreement had been approved by all parties involved. He also said he had canceled attacks against Iranian territory.
Ouribank chief economist Cristiane Quartaroli noted that the reaction is immediate but the scenario remains uncertain. Markets await the next Copom meeting.