Many people don't know that the Ibovespa is the main performance indicator for shares traded on B3 in our country. It is the Ibovespa indicator that brings together the most important companies in the Brazilian capital market.
When was it created? Created in 1968, it has established itself as a reference for investors around the world.
The Ibovespa is the result of a theoretical portfolio of assets. It is composed of shares and units (a mix of common and preferred shares) of companies listed on the B3 that meet certain criteria. The shares that make up the Ibovespa correspond to approximately 80% of the number of trades and financial volume of the Brazilian capital market.
The index is also calculated in real time, which is why investors are so excited. It instantly takes into account the prices of all transactions made on the spot market with the shares that make up its portfolio (standard lot).
We have gathered a series of information below, which will certainly help you understand this financial indicator that is so important for monitoring Brazil's financial growth.
Ibovespa continues to rise at the end of April
How did the day end on April 29th? Here's the analysis: at around 3:05 p.m., the stock market was up 2.02%, to 82,958.71 points, and was closely following the performance of the American stock markets: there, the Dow Jones advanced 2.05%, the S&P 500 gained 2.55% and the Nasdaq appreciated 3.34%.
For those who have international transactions, the scenario has improved significantly: the exchange rate, that is, the dollar in cash fell 2.66% at its lowest point, to R$ 5.3686, but is now showing a less intense decline: it has fallen 2.25%, to R$ 5.3912. However, even so, the US currency has already accumulated a devaluation of more than 4% this week alone.