After the 2nd round, 34 shares on the Stock Exchange hit the year's low and 12 fell more than 40%
A survey by Money Times shows that 22.97% of shares in the theoretical portfolios of Ibovespa, IDIV and SMLL hit the year's low shortly after the vote.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM MONEY TIMES · 3 MIN
After the second round of the 2026 presidential elections was counted, part of the Brazilian stock market began to fall. According to a survey by Elos Ayta published by Money Times, 34 shares of the 148 shares that make up the theoretical portfolios of Ibovespa, IDIV and SMLL reached the lowest of the year on the 26th or 27th of October, right after the vote. The group represents 22.97% of the analyzed universe.
Movement was not restricted to small positions. Also according to Money Times, 12 shares fell more than 40% compared to the closing of October 23, Friday and the last trading session before the second round. In the most punished group, the survey highlights Ecorodovias, with a drop of 60.53%, Hapvida, with a drop of 54.93%, and Grupo SBF, with 51.41%.
The numbers show the size of the sale and the calendar in which it occurred, but the cut does not isolate a single cause for each movement. What is observed is the coincidence between the vote and the concentration of the lows in a few days, a reading that calls for caution, as each company also responds to its own factors of results, debt and sector.
The international news brought a similar case of pressure on shares after earnings. According to Investing.com, ServiceNow shares fell after the earnings release, which reinforces how the earnings season continues to move prices in different markets.
From the perspective of those who defend fiscal responsibility and a predictable business environment, the central point is trust. The price of a share reflects expectations about future profit, cost of capital and investment security, and these variables depend on decisions about public accounts, taxes and market rules. When expectations change abruptly, repricing tends to be quick, especially in more leveraged companies.
What changes for the investor
For those who invest, the survey shows that the impact was not uniform: on the days analyzed, most of the 148 shares did not reach the year's low, while a smaller group concentrated the strongest falls. It is worth reviewing exposure to more volatile securities, checking balance and debt before reacting to the news and monitoring interest rates and the dollar, variables that influence appetite for shares. This text does not recommend the purchase or sale of any asset and does not project quotes.
Automatically translated from Portuguese.
