Ibovespa Falls 0.52% on Profit-Taking After Bolsonaro Election Rally

Ibovespa dropped 0.52% to 205,835 points after a volatile session, diverging from other local assets that continued to appreciate. The decline follows an 8% surge driven by increased favoritism of Flávio Bolsonaro in the presidential election and a newly elected Congress aligning with market expectations. Profit-taking is the primary driver, but the divergence suggests potential consolidation or repositioning.