Brazilian equities rise over 18% in Q1 2026, boosted by commodities and strong domestic demand.

Brazilian stocks posted strong gains in the first quarter of 2026, with the Global X Brazil Active ETF up 18.07% and the MSCI Brazil Index rising over 19%. This growth was driven by higher commodity prices, resilient domestic demand, improving fiscal outlook, and favorable sector performance in energy and financials. Investors were attracted by low valuation multiples, commodity exposure, easing monetary policy, and an active political calendar, suggesting continued interest in the market.