BM&FBOVESPA - Securities, Commodities and Futures Exchange

Bovespa Index - Ibovespa



Check the Ibovespa Index

Presentation

The Bovespa Index (Ibovespa) is compiled as a weighted average of a theoretical portfolio of stocks pursuant to criteria set forth in this methodology.

The indices compiled by BM&FBOVESPA adopt concepts and procedures set forth in the Concepts and Procedures Manual for BM&FBOVESPA Indices.

Objective
The Bovespa Index is designed to gauge the stock market’s average performance tracking changes in the prices of the more actively traded and better representative stocks of the Brazilian stock market.

Index type
The Bovespa Index is a total return index (see the Concepts and Procedures Manual for BM&FBOVESPA Indices).

Eligible stocks
The Bovespa Index is composed exclusively of shares and units representing shares of BM&FBOVESPA-listed issuers that meet the inclusion criteria set forth below.

The index universe excludes Brazilian Depositary Receipts (BDRs) and shares of issuers under judicial or extrajudicial reorganization, government- or court-ordered administration or intervention, as well as shares otherwise designated to be under exceptional trading status (see the Concepts and Procedures Manual for BM&FBOVESPA Indices).