The Ibovespa gained 0.5% to close at 142.349 on Wednesday, supported by banks and commodity giants as markets assessed inflation data and political turmoil. The headline annual inflation rate eased to 5.13%, slightly above expectations of 5.1% and still well above the central bank’s 4.5% target, with services and core components limiting the extent of deflation. Meanwhile, the STF’s First Panel resumed the trial of former President Bolsonaro’s attempted coup case, with Justice Luiz Fux diverging from earlier votes by questioning the court’s jurisdiction, raising speculation the ruling could be annulled. On the corporate front, Banco do Brasil surged 3.1%, leading gains among major banks, while Petrobras (2.5%), Vale (0.7%), Ambev (0.7%), WEG (1.1%), and BRF (3%) also advanced.