Last week (November 9 to 13, 2026), the ranking of the biggest declines on the B3 was led by CSED3 (Cruzeiro Edu), down 21.79%, closing at R$ 3.66. Next were HBOR3 (Helbor), at -20.00%, at R$ 1.16, and HBRE3 (HBR Realty), at -19.78%, at R$ 1.46. During the week, Cruzeiro do Sul reported adjusted net income of R$ 52 mi in 3Q26 and announced the resignation of a board member.
Among the companies tied to Helbor, HBOR3 settled the tender offer (OPA) and delivered HBR shares to shareholders, and the Controlling Block sold 67 mi shares and zeroed out its stake. Helbor also posted net income of R$ 5.1 mi in 3Q26. HBRE3 completed the settlement of Helbor's exchange tender offer, and the controlling shareholders raised their stake in the company to 56%.
CSNA3 (Sid Nacional) fell 15.65%, to R$ 3.72. The company posted a loss of R$ 1.2 bi in 3Q26, announced the resignation of CFO Marco Rabello, and raised its S&P Global ESG Score from 56 to 61 points. CMIN3 (CSN Mineração) declined 7.75%, to R$ 4.64, with a loss of R$ 356.3 mi in 3Q26. BBAS3 (Banco do Brasil) lost 11.85%, to R$ 15.10; the company cut its 2026 payout from 30% to 25% and posted adjusted net income of R$ 8.6 bi in 9M26.
MELK3 (Melnick) fell 14.34%, to R$ 2.09, and the company posted net income of R$ 6 mi in 3Q26. SBFG3 (Grupo SBF) declined 9.35%, to R$ 4.85, after a loss of R$ 17.5 mi in 3Q26. SMTO3 (São Martinho) dropped 8.77%, to R$ 18.41, with net income of R$ 50.9 mi in 2Q27 and a 10.5% cut in its ATR projection for the 26/27 harvest. SOJA3 (Boa Safra) declined 7.27%, to R$ 5.61, and posted net income of R$ 26 mi in 3Q26.
| Stock | Company | Sector | Change | Close |
|---|---|---|---|---|
| CSED3 | CRUZEIRO EDU | Cyclical Consumer | -21.79% | R$ 3,66 |
| HBOR3 | HELBOR | Cyclical Consumer | -20.00% | R$ 1,16 |
| HBRE3 | HBR REALTY | Real Estate | -19.78% | R$ 1,46 |
| CSNA3 | SID NACIONAL | Basic Materials | -15.65% | R$ 3,72 |
| MELK3 | MELNICK | Cyclical Consumer | -14.34% | R$ 2,09 |
| BBAS3 | BRASIL | Financial | -11.85% | R$ 15,10 |
| SBFG3 | GRUPO SBF | Cyclical Consumer | -9.35% | R$ 4,85 |
| SMTO3 | SAO MARTINHO | Oil, Gas and Biofuels | -8.77% | R$ 18,41 |
| CMIN3 | CSNMINERACAO | Basic Materials | -7.75% | R$ 4,64 |
| SOJA3 | BOA SAFRA | Non-Cyclical Consumer | -7.27% | R$ 5,61 |
Read the full reports
- CSN (CSNA3) raises S&P Global ESG Score from 56 to 61 points in 3Q26
- CSN Mineração (CMIN3) posts loss of R$ 356.3 mi in 3Q26
- CSN (CSNA3) posts loss of R$ 1.2 bi in 3Q26
- Boa Safra (SOJA3) posts net income of R$ 26 mi in 3Q26
- Helbor (HBOR3) posts net income of R$ 5.1 mi in 3Q26
- Banco do Brasil (BBAS3) cuts 2026 payout from 30% to 25%
- Banco do Brasil (BBAS3) posts adjusted net income of R$ 8.6 bi in 9M26
- Melnick (MELK3) posts net income of R$ 6 mi in 3Q26
- Cruzeiro do Sul (CSED3) receives resignation of board member
- Cruzeiro do Sul (CSED3) has adjusted net income of R$ 52 mi in 3Q26
- Controlling shareholders raise stake in HBR Realty (HBRE3) to 56%
- HBR Realty (HBRE3) completes settlement of Helbor's exchange tender offer
- Helbor (HBOR3): Controlling Block sells 67 mi shares and zeroes out stake
- Helbor (HBOR3) settles tender offer and delivers HBR shares to shareholders
- Net income of R$ 50.9 mi: São Martinho (SMTO3) reports 2Q27 results
- São Martinho (SMTO3) cuts ATR projection for the 26/27 harvest by 10.5%
- CSN (CSNA3) announces resignation of CFO Marco Rabello
- Grupo SBF (SBFG3) posts loss of R$ 17.5 mi in 3Q26

