Brazil stocks mixed on Petrobras, Vale, Itausa, C&A moves

At 10:53 a.m., the Ibovespa was up 1.32% at 173,947 points. Analysts said the June payroll numbers, which showed job creation below expectations, reduced pressure for higher interest rates in the United States. After the report was released, future interest rates began to fall. At 10:52 a.m., the commercial dollar was down 0.54% at R$5.181 on the sell side.

At 10:52 a.m., Petrobras ON and PN shares were trading higher. At that time, PN shares were up 1.51% at R$38.40.

Vale shares were higher in this session. At 10:51 a.m., they were up 1.44% at R$79.09.

At 10:51 a.m., Itaúsa shares were up 1.34% at R$13.58. Itaúsa estimates a positive net impact of R$0.9 billion on its results in the second quarter of 2026 after receiving dividends from its non-operating subsidiary Itautec.

The drop in future interest rates is having a positive impact on shares of retail companies, which are more sensitive to high interest rates. Shares of C&A, Azzas, and Magazine Luiza were among the biggest gainers on the Ibovespa this morning.

The Lotus Fundo de Investimento em Participações Multiestratégia, an investment fund held by vehicles managed by Advent International, now holds 90,676,500 shares issued by Natura Cosméticos (NATU3), representing 6.6% of the company’s capital stock. The acquisition of this stake results from a binding commitment signed between the signatories of Natura’s shareholders’ agreement and Advent on March 30, 2026.

GPS announced the acquisition of 65% of Grupo Aster, a company that generated R$154 million in revenue in the last 12 months ended in May, representing approximately R$100 million in revenue attributable to GPS after the transaction. In a report, BTG noted that the acquisition marks GPS’s second M&A announcement in less than a week, following the purchase of Uniflex, reinforcing the execution of its acquisition pipeline, which exceeds R$4 billion. The company remains in its traditional operating segments, which reduces potential integration challenges and maintains its focus on expansion through inorganic growth, the bank’s team commented.

Allos is paying this Thursday, the 2nd, the first installment of the dividend announced on June 17, worth R$0.29 per share. The record date was June 22, 2026. The second tranche has a record date of July 23, 2026, and payment on August 4, 2026. The third tranche has a record date of August 21, 2026, and payment on September 2, 2026.

Plano&Plano (PLPL3) is paying this Thursday, the 2nd, interim dividends approved on December 22, 2025. The amount is R$0.49 per common share. Holders of common shares with a record date of December 29, 2025, are entitled to receive it.

The record date for the interest on equity of CSU, announced on June 29, is this Thursday, the 2nd. Starting July 3, the shares will be traded ex-dividend. The gross amount per share is R$0.17. Payment will begin on July 14, 2026.

The record date for the interest on equity of Banestes, announced on June 29, is this Thursday, the 2nd. Starting July 3, the shares will be traded ex-dividend. The net amount to be paid, already considering the 17.5% withholding tax at source, will be R$0.060 per share. Payment will be made on July 20, 2026.