The Superior Electoral Court of Brazil projects that the Liberal Party will hold 121 seats in the 513 seat Chamber of Deputies, 22 more than it won in 2022. With approximately 87% of the vote counted, the party is currently the largest bloc in the house, while President Lula's Workers' Party holds 69 seats. The right-wing coalition currently lacks the 308 seats required to pass constitutional changes independently.
Wednesday, October 21, 2026
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Brazil Small Caps Jump 14.8% on Bolsonaro Election Lead
Global Markets16 days ago
The Sao Paulo stock exchange opened 4% higher on Monday. The rally follows news that Flavio Bolsonaro has taken the lead in the presidential runoff, prompting investors to shift their bets toward a right-wing victory and pushing the Brazilian small-cap index up 14.8%, its largest gain since March 2020.
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