Brazil's Ibovespa lost momentum and moved in a narrow range on Wednesday afternoon after a Quaest opinion poll showed a tighter advantage for Flávio, according to InfoMoney. The index had opened lower before the survey was released, VEJA reported, with the election poll and fiscal risk both on investors' radar.
Valor Econômico described the benchmark as hovering near stability following the Quaest result. InfoMoney reported that the market's initial positive reaction to the second round of the election has faded, with fund managers now describing the shift in sentiment in stark terms. UOL Economia noted that corporate earnings releases were also influencing trading alongside the poll.
The reports did not specify the size of the poll's margin or the index's exact level at the time of publication. What the coverage makes clear is that political polling has become a direct driver of Brazilian equity moves, with the fiscal outlook cited as a parallel concern.
Investors will be watching how the Ibovespa closes Wednesday's session and whether further Quaest polling data or fresh fiscal headlines shift positioning in the days ahead.