On Friday, the Ibovespa index increased by 0.5% to conclude at 149,540, driven by a series of promising corporate earnings and a persistently strong labor market. Vale's shares rose by 2.3% following the announcement of its third-quarter 2025 net profit of $2.68 billion, a rise of 11% from the previous year and exceeding the $2.1 billion projection. Azul saw an increase of 2.7%, supported by a third-quarter adjusted operating margin of 20.6% and an EBITDA margin of 33.5%. Irani's stock gained 2.7% as its net profit improved by 5.3% to R$42.1 million, with an adjusted EBITDA increase of 15.9%. Vulcabras experienced a 4.3% surge with an 11.6% rise in recurring net profit and a nearly threefold jump in unadjusted profit. Meanwhile, Gerdau's shares increased by 1.2%, despite a 23.9% drop in adjusted net profit to R$1.09 billion, highlighting varying regional influences. Conversely, shares of Vivo declined by approximately 6% despite favorable results, while Multiplan decreased by 0.7%, and Marcopolo fell by 10.5% due to lower-than-anticipated profits. The overall support for equities was maintained by a combination of strong earnings, healthy income fundamentals, and stable employment conditions.
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