The Ibovespa gained nearly 0.5% to trade near 178,000 on Thursday, recovering from losses in the previous session as investors focused on corporate earnings. CSN (+1.4%) reported better-than-expected first-quarter 2026 results, with adjusted EBITDA reaching R$2.646 billion. Eneva (+1.7%) posted net income of R$522.7 million in the quarter, up 36% from a year earlier. In contrast, Banco do Brasil (-0.6%) reported adjusted net income of R$3.4 billion, down 53.5% from the same period in 2025. Cosan (+1.3%), and Marfrig (+1.5%) are set to release earnings later today. Meanwhile, the financial sector rebounded after losses in the previous session triggered by a report alleging ties between Senator Flavio Bolsonaro, a contender in October’s presidential election, and Daniel Vorcaro, owner of failed lender Banco Master and charged guilty of fraud. Itau and Bradesco both gained more than 1%.