Brazil stock Market
The BM & FBOVESPA (Portuguese pronunciation: [bovespa]; in full, Bolsa de Valores, Mercadorias & Futuros de São Paulo) is a São Paulo-based stock exchange. It is the fourth largest stock exchange in the The Americas in terms of market capitalization, behind NYSE, Nasdaq, and Toronto Stock exchange. Founded on August 23, 1890 by Emilio Rangel Pestana, the “Bolsa de Valores de São Paulo” (São Paulo Stock Exchange, in English) has had a long history of services provided to the stock market and the Brazilian economy. Until the mid-1960s, Bovespa and the other Brazilian stock markets were state-owned companies, tied with the Secretary of Finances of the states they belonged to, and brokers were appointed by the government.
Hours
The exchange has a pre-market session from 09:45am to 10:00am, a normal trading session from 10:00am to 5:00pm and a post-market session from 5:30pm to 7:00pm weekdays and holidays declared by the Exchange in advance
INDEX PROFILE
The Bovespa Index is a total return index weighted by traded volume and is comprised of the most liquid stocks traded on the Sao Paulo Stock Exchange. The Bovespa Index has been divided 10 times by a factor of 10 since January 1, 1985, those dates are:12/02/85, 04/14/89, 05/28/91, 01/26/93, 02/10/94, 08/29/8801/12/90, 01/21/92, 08/27/93, 03/03/97. Shares in Index displayed in Millions. Africa is also now a fast climbing market
http://www.bloomberg.com/apps/quote?ticker=IBOV:IND
Stock exchanges in South America
It is also the thirteenth largest in the world in terms of market capitalization (see list of stock exchanges). On May 8, 2008, the São Paulo Stock Exchange (Bovespa) and the Brazilian Mercantile and Futures Exchange (BM&F) merged, creating BM & FBOVESPA.
The benchmark indicator of BM&FBOVESPA is the Índice Bovespa. There were 450 companies traded at Bovespa as of April 30, 2008
Few Companies traded on the Ibovespa
AES Eletropaulo – energy; HQ: São Paulo
América Latina Logística – logistics; HQ: Curitiba
AmBev – food and beverages; HQ: São Paulo
Aracruz – pulp and paper; HQ: São Paulo
B2W Varejo – electronic sales; HQ: Osasco
Banco do Brasil – finance and insurance; HQ: Brasília
Banco Nossa Caixa – finance and insurance; HQ: São Paulo
Bradesco – finance and insurance; HQ: Osasco
Bradespar – other / holding company; HQ: São Paulo
Brasil Telecom – telecommunications; HQ: Brasília
Braskem – chemicals; HQ: São Paulo
BRF food; HQ: São Paulo
CCR – highways; HQ: São Paulo
Celesc – energy; HQ: Florianópolis
Cemig – energy; HQ: Belo Horizonte
CESP – energy; HQ: São Paulo
Comgás – oil and gas; HQ: São Paulo
Companhia Siderúrgica Nacional – siderurgy and metallurgy; HQ: Rio de Janeiro
Copel – energy; HQ: Curitiba
Cosan – etanol and sugar; HQ: Piracicaba
CPFL Energia (CPFE3) – energy; HQ: Campinas
Cyrela Brazil Realty- real estate; HQ: São Paulo
Duratex – construction & home furnishings; HQ: São Paulo
Eletrobrás – energy; HQ: Rio de Janeiro
Embraer – aviation; HQ: São José dos Campos
Gafisa – real estate; HQ: São Paulo
Gerdau – siderurgy and metallurgy; HQ: Porto Alegre
Gol Transportes Aéreos (GOLL4) – transportation ; HQ: São Paulo
Pão de Açucar – retail; HQ: São Paulo
Itau Unibanco – finance and insurance; HQ: São Paulo
Itaúsa – other / holding company; HQ: São Paulo
JBS S.A. – food and beverages; HQ: São Paulo
Klabin – paper and pulp; HQ: São Paulo
Light – energy; HQ: Rio de Janeiro
Lojas Americanas – retail; HQ: São Paulo
Lojas Renner – retail; HQ: Porto Alegre
MMX Mineração – siderurgy and metallurgy; HQ: Rio de Janeiro
Net – cable TV; HQ: São Paulo
Natura – cosmetics; HQ: São Paulo
Oi – telecommunications; HQ: Rio de Janeiro
Perdigão – food; HQ: São Paulo
Petrobras – oil and gas; HQ: Rio de Janeiro
Redecard – payment system; HQ: São Paulo
Rossi Residencial – construction; HQ: São Paulo
Sabesp – other / sanitation; HQ: São Paulo
Souza Cruz – other / tobacco; HQ: Rio de Janeiro
TAM Airlines – transportation; HQ: São Paulo
TIM Participações – telecommunications; HQ: Rio de Janeiro
Telesp – telecommunications; HQ: São Paulo
Transmissão Paulista – energy; HQ: São Paulo
Ultrapar – other / holding company; HQ: São Paulo
Usiminas – siderurgy and metallurgy; HQ: Belo Horizonte
Vale – mining; HQ: Rio de Janeiro
Vivo – telecommunications; HQ: São Paulo
Votorantim Celulose e Papel – paper and pulp; HQ: São Paulo
IBOVESPA – (^BVSP)