The Brazil Index – IBrX is an index which measures the return on a theoretical
portfolio composed by 100 stocks selected among BOVESPA’s most actively traded securities,
in terms of number of trades and financial value. The component stocks are weighted
according to the outstanding shares’ market value.
Shares Eligible for the Index
The IBrX will consist of 100 securities chosen from a list of shares classified
in descending order according to liquidity, measured by their negotiability index
(considering the last twelve months). These stocks must also meet the other inclusion
criteria described below.
Criteria for Inclusion in the Portfolio
The index portfolio will include the 100 eligible companies that meet the following
a) to be among the 100-best classified stocks according to the negotiability index,
measured in the last twelve months;
b) to have a trading session presence of at least 70%, measured in the last twelve
Companies that are under judicial reorganization, have filed for bankruptcy, are
under a special regime or are subject to a trading halt of its security over an
extended period of time will not integrate IBrX.
Index methodology text being revised