Ibovespa Advances as Poll Indicates Rousseff Would Face Runoff

The Ibovespa rose to a five-month high after a poll showed Brazilian President Dilma Rousseff’s lead against potential candidates in the October presidential election would be too narrow to call a first-round victory.

State-controlled power utility Centrais Eletricas Brasileiras SA climbed for the first time in three days. Homebuilder Rossi Residencial SA led a decline among companies that rely on domestic demand after economists cut their forecasts for Brazil’s growth. Iron-ore mining company Vale SA fell as manufacturing in China, the Latin American country’s biggest trading parter, contracted in April for a fourth straight month.