Ambev is trading 11.04% up at $3.32 as Brazil’s first-round presidential election lifted expectations for a broad rally in Brazilian assets. - Flávio Bolsonaro outperformed polling and took the lead over President Lula. - Reuters reported analysts anticipated rising equities; coverage of U.S.-listed Brazilian shares said Ambev gained 7%. - The move is underway while the U.S. market is open; Ambev closed at $2.99 on October 2. The election-related lift contrasts with modest, mixed moves in major U.S. indexes.