S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
The Ibovespa fell 0.3% to close at 190,745 on Friday as investors monitored the standoff between the US and Iran. Tehran demonstrated control over the Strait of Hormuz in response to the US blockade, with few signs of reopening soon. Brent prices remained high, threatening to exacerbate inflation fears and global growth concerns while pressuring major banks and the broader index. Bradesco lost 0.6% and Banco do Brasil shed 1.3%. Petrobras dropped 1.3% after relinquishing strategic rights in Braskem, which rose 1.2%. In other news, Suzano (-2.2%) will increase pulp prices for customers in Europe and the Americas starting in May, amid rising costs from the Middle East conflict. On the upside, Usiminas gained 4.4% after more than doubling Q1 profits to R$896 million. Sabesp edged up after receiving approval from Brazil’s competition authority to assume 100% ownership of Paulista Geradora de Energia.
