Brazilian financial markets tumble following Lula's election victory
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Story essentials
Lula (President-elect), Brazilian Financial Markets
Brazil
October 26, 2026
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COMPAMIR Editorial Team
The COMPAMIR editorial team brings together public reporting and links to the original coverage. We update the page as new information emerges.
Read our editorial policy- Earlier version 210/27/2026, 1:50:46 AM
Brazilian markets reacted negatively to Lula's victory over Bolsonaro. The Bovespa index fell over 17%, triggering an automatic trading halt. The Brazilian Real dropped more than 12% against the dollar.
- Earlier version 110/26/2026, 11:40:51 PM
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