Brazil’s benchmark Ibovespa edged down to close at 163,150 on Monday, easing from record levels tested last week as investors reassessed the outlook for domestic borrowing costs. Utilities and financials weighed on the index, with Companhia Sanepar falling 3.7%, Axxia slipping 0.9%, and Equatorial Energia down 1.4%. Banks led the broader decline, as Bradesco, Banco do Brasil, and Ita