The Ibovespa closed marginally lower at 135,067 on Wednesday, halting a seven-day winning streak and easing from its highest level since September, pressured by disappointing corporate results and weakness among commodity producers, while investors parsed through the latest employment data. WEG’s shares plunged 10.8% on margin compression and earnings narrowly missing consensus, while Petrobras (-1.5%) and Vale (-1.8%) softened on concerns over weakening global commodity prices and stalled capital spending. Economically, Brazil’s unemployment rate rose to 7.0% in Q1—the highest since May 2024—signaling a less resilient labor market amid restrictive borrowing costs and trade uncertainty. On the international front, US first-quarter GDP unexpectedly contracted at a 0.3% annualized pace and private-sector hiring tumbled to its weakest level since September 2024—stoking fears that President Trump’s tariff barrage is already denting America’s growth.

Ibovespa Edges Lower on Wednesday

BVPSI increased to an all-time high of 493.59 Index Points. Over the past 4 weeks, Bolsa de Valores de Panama General Index gained 0.61%, and in the last 12 months, it increased 18.94%.

Stocks in Panama Hit All-time High

The S&P/TSX Composite Index edged 0.1% lower to close at 24,842 on Wednesday, as investors digested mounting evidence of weakening North American economic activity and persistent trade-policy headwinds. Canada’s economy contracted by 0.2% in February—driven by a 2.5% slump in mining and oil-and-gas output and a 0.5% decline in construction—highlighting softening demand across the country’s commodity-heavy sectors. Likewise, Wall Street traded firmly lower after U.S. GDP unexpectedly shrank in the first quarter, reflecting the early negative effects of tariff threats and heightened policy uncertainty under President Trump. Nearly all sectors on the TSX posted losses, with consumer-spending-sensitive giant Shopify leading the decline, shedding 4.2%, while major energy producers such as Canadian Natural, Suncor, Imperial Oil, and Cenovus fell between 2.4% and 3.2%. For April, the TSX posted a loss of 1.5%.

TSX Drops Amid Economic Slowdown

The S&P 500 and Dow reversed early losses, rising 0.1% and 0.3%, respectively, to extend their winning streak to seven days, while the Nasdaq closed 0.1% lower. Investors shrugged off recession concerns despite data revealing the first quarterly economic contraction in three years. The US economy shrank 0.3% in the first quarter, falling short of expectations as businesses rushed to import goods before Trump’s tariffs took effect, while March consumer spending rose by a stronger-than-expected 0.7%, soft hiring and reduced government spending highlighted growing economic pressure. Among stocks, Super Micro Computer tumbled 11.5% on weak preliminary results. First Solar sank 8.3% as it slashed its full-year forecast, calling tariffs a major headwind, while GE HealthCare also lowered its outlook due to tariff concerns. Mondelez rose 3.8% after topping earnings estimates, boosting consumer staples. Investors now await earnings from Microsoft and Meta after the bell.

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Ibovespa Edges Lower on Wednesday

Stocks in Panama Hit All-time High

TSX Drops Amid Economic Slowdown

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