BOVESPA Index

The Bovespa Index is the flagship index of the Brazilian inventory alternate, recognized with the aid of using its acronym, BM&FBOVESPA. The index consists of sixty eight of the 370 businesses indexed at the alternate, which constitute more or less 70% of the alternate’s general capitalization and 80% of its trades. The Bovespa is calculated in connection with fees on February 1, 1968. The Bovespa additionally affords indices primarily based totally on marketplace capitalization, liquidity, industry, company governance and sustainability. The Brazilian alternate has a marketplace capitalization of about $1.1 trillion (the tenth largest within side the world) and a buying and selling fee of $1 trillion a year, making it the most important rising marketplace alternate out of doors of China. Brazil gives the largest and maximum liquid markets in Latin America.