At the closing of markets on Friday, October 20, 2017, Brazil Bovespa is the 4th strongest index in the world (see complete world index ranking).
The Bovespa Index is the most important of the Brazilian stock market, since it reflects the behavior of the main securities traded on the São Paulo Stock Market.
Brazil Bovespa is the 4th strongest index in the world (20-10-2017)
It is considered as a leading exchange in Latin America, and it had its best moment back in 2009 when finally obtained its biggest gain, which led them to emerge from the recession they experienced in 2008.
This index was created in 1968 and is reviewed every 4 months, and a new composition is announced in that time.
It has a very solid role in marketplace because it’s the main place of buying and sale of shares in Brazil, with more than 50 companies, and they also have very firm stipulated criteria for inclusion in the portfolio.
Many people have been considering lately investing in the Brazilian market, since it’s one of the best currently, and they accept investors that are not necessarily from Brazil, which is excellent news for the people living abroad.
One of the aspects the investors must consider is the time zone, since there will be a time difference between Bovespa and Wall Street, therefore they must delegate or stay overnight in order to take more advantage and greater results.