Ibovespa is the worst investment in October and post-fixed prices stand out

The Brazilian Stock Exchange was the worst investment in October, sharing this position with bitcoin and long-term public bonds linked to inflation, according to Revista Oeste. The publication records a 10% drop in the Ibovespa in the month, which caught the attention of investors who follow the market.

The report attributes the movement to Lula's (PT) victory in this year's elections. This is according to Revista Oeste, which associates the drop with what it calls the 'Lula effect' on variable income.

On the other side of the table, the commercial dollar was among the assets with the highest return in October, according to the same survey. Post-fixed fixed income was also among the applications that yielded the most in the period.

Within this group, the Treasury Selic and post-fixed CDBs had high returns in the month, according to the publication. The contrast between variable income and securities linked to the Selic represents an October with a very divided performance.

What is at stake goes beyond a single month. When the Stock Exchange reacts to a political reading, prices begin to reflect expectations about the electoral scenario and not just the results of companies, which makes the period relevant for those who follow the market.

What changes for the investor

For those who invest and operate, October shows how the difference in performance between the Stock Exchange, dollar and post-fixed prices was linked to the political environment, when reading the report. It is worth observing whether this pattern repeats itself in the coming weeks and how prices react to new scenario definitions. This article is not a recommendation to buy or sell and does not project quotes.

Automatically translated from Portuguese.