Brazil: Ibovespa Closes Near Record High.

The Ibovespa rose 0.4% to close at 157,739, near its record high because company level positives and clearer domestic signals are outweighing external doubts. Petrobras climbed 0.8% on firmer oil and anticipation of a new business plan while Localiza soared 4.8% after upbeat guidance and a portfolio sale that bolsters cash flow. Banks and select cyclicals outperformed after quarterly results and dividend or buyback news improved earnings visibility, and renewed Chinese buying for Brazilian chicken helped BRFS and other exporters. The end of the prolonged government shutdown also removed a major operational constraint so delayed data and corporate updates can start flowing again.