Business · Markets · 3 hrs ago
Brazilian listed companies lose R$734 billion in market value in one day
Brazilian listed companies lost R$734 billion in market value on Monday after the presidential election.
Their combined value fell 12.91%, from R$5.684 trillion on Friday to R$4.950 trillion.
The loss was almost equal to Petrobras's market value, at 98.4% of the state-controlled company's value.
Luiz Inácio Lula da Silva won with 51.79% of valid votes, beating Senator Flávio Bolsonaro, who received 48.21%.
Some investors had positioned themselves for a Bolsonaro victory, and the result was followed by sharp falls in Brazilian shares; the Ibovespa index dropped more than 17% at one point, triggering a temporary trading halt.
The one-day fall erased gains built up in earlier weeks and left listed companies worth R$325 billion less than before the first election round.
Even so, their combined market value remained above its level at the end of 2025, and no further market developments are specified.
Companies listed on Brazil’s B3 exchange lost R$734 billion in market value on October 26, after the presidential election result.
Their combined market value fell 12.91%, from R$5.684 trillion on October 23 to R$4.950 trillion.
Luiz Inácio Lula da Silva won the election with 51.79% of valid votes, ahead of senator Flávio Bolsonaro, who received 48.21%.
The Ibovespa fell by more than 17% at one point during a volatile session that triggered a circuit breaker.
The one-day loss erased more than the R$409 billion in market value companies had gained between October 2 and 23.
- Who
- Companies listed on Brazil’s B3 exchange lost market value.
- What
- Their combined market value fell by R$734 billion, or 12.91%.
- When
- Monday, October 26, 2026.
- Where
- Brazil’s B3 stock exchange.
- Why
- The decline followed Luiz Inácio Lula da Silva’s presidential election victory, which went against some investors’ expectations.
This story does not have two clearly opposing sides.
The combined market value of B3-listed companies was R$5.275 trillion.
Their combined market value had risen to R$5.684 trillion.
After the presidential election result, B3-listed companies lost R$734 billion in market value.
- Market value lost
- R$734 billion
- Percentage decline
- 12.91%
- Market value on October 23
- R$5.684 trillion
- Market value on October 26
- R$4.950 trillion
- Election winner
- Luiz Inácio Lula da Silva, with 51.79% of valid votes