Bovespa
BOVESPA · Market Index
Last updated 6:50:25 AM ET
Overview
Bovespa (BOVESPA) is a market index tracked. It last traded at 172,179.94, down 3.27% over the past 24 hours. Trading volume came in at 0.
- Ticker
- BOVESPA
- Type
- Market Index
Historical Chart
Bovespa price chart, 1M range. Current price 172,179.94. Down 3.27% over the selected range.
No chart data available for this range.
Key Statistics
Technical Indicators
Not available for this asset type.
What Is Bovespa?
The Bovespa Index (Ibovespa) tracks the most liquid stocks traded on Brazil's B3 exchange and is the principal benchmark for Brazilian equities, first calculated in 1968, making it one of the longer-running emerging-market benchmarks still in use.
The index is weighted heavily toward commodity producers, financial institutions, and energy companies, reflecting Brazil's role as a major global exporter of iron ore, soybeans, and oil — as a result, the Ibovespa tends to track global commodity-price cycles closely, alongside Brazilian interest-rate policy and political developments, which have historically driven significant volatility in Brazilian asset prices.
How Bovespa Is Priced
Bovespa is a market index, not a single tradable security — its value is a weighted average of the prices of the companies or assets it tracks, recalculated continuously as those underlying prices move. Investors can't buy the index directly; exposure typically comes through index funds, ETFs, or futures contracts designed to track it. Because it aggregates many holdings, an index's day-to-day move reflects the combined performance of its constituents rather than any single company's news.