SANEPAR is trading at BRL 7.64, down 3.05% on October 15, 2026; no clear company-specific catalyst surfaced. - Brazilian utilities were down 1.38%, while the Ibovespa fell 0.18% in the latest reported session. - Recent U.S. inflation data revived higher-interest-rate concerns and pressured rate-sensitive utilities, providing broader context—not proof of SANEPAR’s direct cause. - SANEPAR’s latest disclosed item was a public consultation on tariff-adjustment methodology, not a confirmed adverse decision.