Geopolitics Alpha

Brazil-Exposed Companies Slide After Surprise Lula Victory

Published . Updated .

GEOPOLITICS ALPHABrazil-Exposed Companies SlideAfter Surprise Lula VictoryGEOPOLITICS ALPHA

This report is about Brazil.

Directly affected

  • No company is named in this report.

Indirectly affected

  • EWZ iShares MSCI Brazil ETF+12.9% 30d

    iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“brazil”).

  • PBR Petróleo Brasileiro S.A. - Petrobras

    Petróleo Brasileiro S.A. - Petrobras (crude petroleum and natural gas) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazil”) reaches its shares.

  • ITUB Itaú Unibanco Holding S.A+23.6% 8d

    Itaú Unibanco Holding S.A (state commercial banks) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazil”) reaches its shares.

  • NU Nu Holdings

    Nu Holdings (finance services) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazil”) reaches its shares.

  • VALE Vale S.A-3.1% 12d

    Vale S.A (metal mining) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazil”) reaches its shares.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
EWZNo price data for this ticker———————
PBRNo price data for this ticker———————
ITUBNo price data for this ticker———————
NUNo price data for this ticker———————
VALENo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

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Brazil-Exposed Companies Slide After Surprise Lula Victory WSJ

Source: The Wall Street Journal

Who is named in “Brazil-Exposed Companies Slide After Surprise Lula Victory”

Companies carried with this story

  • EWZ Ishares Msci Brazil Etf

    Ishares Msci Brazil Etf (EWZ) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “Brazil-Exposed Companies Slide After Surprise Lula Victory.” Reason on file: iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“brazil”)

  • PBR Petrobras - Petroleo Brasileiro

    Petrobras - Petroleo Brasileiro (PBR) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “Brazil-Exposed Companies Slide After Surprise Lula Victory.” Reason on file: Petróleo Brasileiro S.A. - Petrobras (crude petroleum and natural gas) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazil”) reaches its shares

  • ITUB Itau Unibanco Holding S.A

    Itau Unibanco Holding S.A (ITUB) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “Brazil-Exposed Companies Slide After Surprise Lula Victory.” Reason on file: Itaú Unibanco Holding S.A (state commercial banks) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazil”) reaches its shares

  • NU Nu Holdings

    In “Brazil-Exposed Companies Slide After Surprise Lula Victory,” Nu Holdings (NU) is linked, with no stored direction, medium confidence. Reason on file: Nu Holdings (finance services) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazil”) reaches its shares

  • VALE Vale S.A

    In “Brazil-Exposed Companies Slide After Surprise Lula Victory,” Vale S.A (VALE) is linked, with no stored direction, medium confidence. Reason on file: Vale S.A (metal mining) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazil”) reaches its shares

How “Brazil-Exposed Companies Slide After Surprise Lula Victory” reaches Ishares Msci Brazil Etf (EWZ)

On 26 Oct 2026, “Brazil-Exposed Companies Slide After Surprise Lula Victory” is the story that connects Ishares Msci Brazil Etf (EWZ) to this story.

Ishares Msci Brazil Etf (EWZ) is on the page because iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“brazil”)

A second company, Petrobras - Petroleo Brasileiro (PBR), is listed for a different reason: Petróleo Brasileiro S.A. - Petrobras (crude petroleum and natural gas) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazil”) reaches its shares

The price range for Ishares Msci Brazil Etf (EWZ), and the dates in the story

EWZ traded between 35.98 and 43.77 across 20 sessions. The latest close on file is 42.59. ITUB traded between 8.06 and 10.20 across 8 sessions. The latest close on file is 10.18. PBR traded between 20.98 and 21.98 across 2 sessions. The latest close on file is 21.75.

What the saved facts support for Ishares Msci Brazil Etf (EWZ)

40 out of 100

“Brazil-Exposed Companies Slide After Surprise Lula Victory” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.