Geopolitics Alpha

Lula wins historic fourth term as Brazilian president in defeat of far-right Flávio Bolsonaro

Published . Updated .

GEOPOLITICS ALPHALula wins historic fourth term asBrazilian president in defeat offar-right Flávio BolsonaroGEOPOLITICS ALPHA

Leftist incumbent Lula says unprecedented comeback was a ‘defeat for denialism’ as Bolsonaro refuses to accept election result Lula wins election in stunning comeback – live updates Luiz Inácio Lula da Silva , the Brazilian president, has staged a dramatic election fightback , defeating his far-right opponent, Flávio Bolsonaro , to claim a historic fourth term in power. With 100% of votes counted the 80-year-old leftist received 4.4m votes more than Bolsonaro, with a 51.79% share to his 45-year-old rival’s 48.21%. However, soon after Brazil’s electoral authority confirmed Lula’s victory, Bolsonaro refused to concede defeat and asked for the results to be annulled. Continue reading...

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 (“brazilian”).

  • 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 (“brazilian”) 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 (“brazilian”) 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 (“brazilian”) 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 (“brazilian”) 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.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Leftist incumbent Lula says unprecedented comeback was a ‘defeat for denialism’ as Bolsonaro refuses to accept election result Lula wins election in stunning comeback – live updates Luiz Inácio Lula da Silva , the Brazilian president, has…

Source: The Guardian

Who gains and who loses around Ishares Msci Brazil Etf (EWZ)

Companies mentioned with this story

  • EWZ Ishares Msci Brazil Etf

    In “Lula wins historic fourth term as Brazilian president in defeat of far-right Flávio Bolsonaro,” Ishares Msci Brazil Etf (EWZ) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“brazilian”)

  • PBR Petrobras - Petroleo Brasileiro

    In “Lula wins historic fourth term as Brazilian president in defeat of far-right Flávio Bolsonaro,” Petrobras - Petroleo Brasileiro (PBR) is linked, with no stored direction, medium confidence. 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 (“brazilian”) reaches its shares

  • ITUB Itau Unibanco Holding S.A

    In “Lula wins historic fourth term as Brazilian president in defeat of far-right Flávio Bolsonaro,” 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 (“brazilian”) reaches its shares

  • NU Nu Holdings

    Nu Holdings (NU) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “Lula wins historic fourth term as Brazilian president in defeat of far-right Flávio Bolsonaro.” Reason on file: Nu Holdings (finance services) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazilian”) reaches its shares

  • VALE Vale S.A

    Vale S.A (VALE) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “Lula wins historic fourth term as Brazilian president in defeat of far-right Flávio Bolsonaro.” Reason on file: Vale S.A (metal mining) is one of the largest Brazil-based companies traded in the US, so news about Brazil (“brazilian”) reaches its shares

Ishares Msci Brazil Etf (EWZ)

“Lula wins historic fourth term as Brazilian president in defeat of far-right Flávio Bolsonaro” (26 Oct 2026) reaches Ishares Msci Brazil Etf (EWZ) through this story.

What ties Ishares Msci Brazil Etf (EWZ) to the headline is this: iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“brazilian”)

Petrobras - Petroleo Brasileiro (PBR) is here too. Its reason reads: 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 (“brazilian”) 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

“Lula wins historic fourth term as Brazilian president in defeat of far-right Flávio Bolsonaro” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.