Brazil Stockmarket

Brazil stock Market & Exchange

Mutual Funds  | Investing in Brazil stocks  |Brazil funds | brazil stocks |Brazil Mutual funds

The BOVESPA, a major stock market index which tracks the performance of large companies based in Brazil. Historically, from 1976 until 2012 the BOVESPA market value averaged 20931.06 points reaching an historical high of 73516.81 points in May of 2008 and a record low of 0.00 points in February of 1976. The Brazilian capital markets and financial systems are regulated and monitored by the National Monetary Council (Conselho Monetário Nacional – “CMN”), the Brazilian Central Bank (Banco Central do Brasil – “Central Bank”) and the Brazilian Securities and Exchanges Commission (Comissão de Valores Mobiliários – “CVM”)

The BM&FBOVESPA (Portuguese pronunciation: [boˈvespa]; in full, Bolsa de Valores, Mercadorias & Futuros de São Paulo) is a stock exchange located at São PauloBrazil. As of December 31, 2011 it had a market capitalization of US $1.22 Trillion, making it in the 8th largest stock exchange in the world. 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 381 companies traded at Bovespa as of April 30, 2008.

 

Brazil economy ranks highest among all the South American countries and it has also acquired a strong position in global economy.

Trading hours for Brazil stock exchange

Click here -> for Equities trading hours

Click Here -> for Derivatives trading hours

More information in relation to trading hours can be had from the Bovespa Br website

Top Mutual Funds in brazil

Here is a list of top Mutual Funds In brazil according to Bloomberg. . The street.com  has a nice listing of  Mutual funds  that hold atleast a 20% holding in brazil stocks including a few funds like  CGM Mutual Fund , Fidelity Latin American Fund (FLATX) B  and iShares MSCI Brazil Index Fund.

Yahoo.com has a listing of few good mutual funds investing in brazil and Latin America stocks like BlackRock Latin America C , JPMorgan Latin America Select , T. Rowe Price Latin America , Fidelity Latin America

OTher Mutual funds on the market

Blackrock’s Brazil exchange traded fund

Dreyfus Brazil Mutual Fund

What is IBrX?

It is Brazil Index, a price index that measures the return on a theoretical portfolio composed of 100 stocks selected among BM&FBOVESPA’s most active traded securities, in terms of number of trades and financial value. Click for further information.

See also

What Companies are in the Brazil  Indice Bovespa?

The index include:

  • Embraer (SAO: EMBR3) (NYSE: ERJ) – Embraer is the world’s third largest producer of commercial, military, and executive aircraft as well as a key provider of aeronautical services.
  • Petroleo Brasileiro (SAO: PETR3) (NYSE: PBR) – Petroleo Brasileiro, or Petrobras for short, is one of the top five largest companies in the world and a large producer of oil and gas.
  • Santander Brasil (SAO: SANB11) (NYSE: BSBR) – Banco Santander Brasil is the largest branch of Banco Santander in Latin America and one of the region’s most popular banks.
  • Vale (SAO: VALE5) (NYSE: VALE) – Vale is the second largest mining company in the world and one of Brazil’s largest logistics companies.

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