Brazil Markets Crater, Some Stocks Sink 50%, After Lula Victory
Published . Updated .
Brazil Markets Crater, Some Stocks Sink 50% After Lula Victory Bloomberg.com
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
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| EWZ | -1.50% | -0.19% | base | -19.84% | after close | after close | after close |
| PBR | -2.33% | -1.87% | base | -14.07% | after close | after close | after close |
| ITUB | -2.38% | +0.36% | base | -20.53% | after close | after close | after close |
| NU | -4.32% | -0.69% | base | -16.93% | after close | after close | after close |
| VALE | +5.81% | +2.42% | base | -3.35% | after close | after close | after close |
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 Markets Crater, Some Stocks Sink 50%, After Lula Victory Bloomberg.com
Source: Bloomberg
Ishares Msci Brazil Etf (EWZ) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| Ishares Msci Brazil Etf (EWZ) | that day | -19.84% | final price |
| Ishares Msci Brazil Etf (EWZ) | three days earlier | -0.19% | final price |
| Ishares Msci Brazil Etf (EWZ) | five days earlier | -1.50% | final price |
| Itau Unibanco Holding S.A (ITUB) | that day | -20.53% | final price |
| Itau Unibanco Holding S.A (ITUB) | three days earlier | +0.36% | final price |
| Itau Unibanco Holding S.A (ITUB) | five days earlier | -2.38% | final price |
| Nu Holdings (NU) | that day | -16.93% | final price |
| Nu Holdings (NU) | three days earlier | -0.69% | final price |
| Nu Holdings (NU) | five days earlier | -4.32% | final price |
| Petrobras - Petroleo Brasileiro (PBR) | that day | -14.07% | final price |
| Petrobras - Petroleo Brasileiro (PBR) | three days earlier | -1.87% | final price |
| Petrobras - Petroleo Brasileiro (PBR) | five days earlier | -2.33% | final price |
| Vale S.A (VALE) | that day | -3.35% | final price |
| Vale S.A (VALE) | three days earlier | +2.42% | final price |
| Vale S.A (VALE) | five days earlier | +5.81% | final price |
Who gains and who loses around Ishares Msci Brazil Etf (EWZ)
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 Markets Crater, Some Stocks Sink 50%, After 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 Markets Crater, Some Stocks Sink 50%, After 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
In “Brazil Markets Crater, Some Stocks Sink 50%, After Lula Victory,” Itau Unibanco Holding S.A (ITUB) is linked, with no stored direction, medium confidence. 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 Markets Crater, Some Stocks Sink 50%, After 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
For “Brazil Markets Crater, Some Stocks Sink 50%, After 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
Ishares Msci Brazil Etf (EWZ)
On 26 Oct 2026, “Brazil Markets Crater, Some Stocks Sink 50%, After Lula Victory” is the story that connects Ishares Msci Brazil Etf (EWZ) to this story.
The link for Ishares Msci Brazil Etf (EWZ) is this: iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“brazil”)
Also listed, Petrobras - Petroleo Brasileiro (PBR): 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
Price levels for Ishares Msci Brazil Etf (EWZ)
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.
How strong the case is around Ishares Msci Brazil Etf (EWZ)
40 out of 100
“Brazil Markets Crater, Some Stocks Sink 50%, After Lula Victory” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.