Possible Wave 3 of 3 of 3 Next on IBOVAccording to this Elliott Wave Count, Brazils Ibovespa is headed towards its most trendy and impulsive phase...
About IBovespa Index
ISIN
BRIBOVINDM18
FIGI
BBG000L8K6M8
The Bovespa Index, also known as Ibovespa, is a benchmark index that tracks the performance of top stocks traded on B3, Brazil Stock Exchange. Created in 1968 with an initial value of 100, it now lists around 90 major Brazilian companies. Ibovespa can be considered the oldest and most traditional indicator of the Brazilian stock market.
Does this seem like Goodbye to third world countries!The Brazilian fiscal issue is not going well. Therefore, it directly reflects on the IBOV index, especially for companies linked to the domestic economy, which is very dependent on family income and low interest rates (SELIC) to keep their activities up to date.
This was already written in the star
Bovespa trend downBrazilian stock market got into down trend due to international conflicts and fed.. for moment its a sell!
IBOV - Trend ContinuationNice consolidation at the end of a pullback in a bull run. Not a bad trade at all
Is Bovespa at the end of its Honeymoon?The Sao Paulo stock market, or Bovespa, is characterized by its strong presence in defensive sectors such as banking and insurance companies, as well as in commodity producers such as VALE or PETROBRAS, and energy companies such as ELETROBRAS or EQUATORIAL ENERGIA. This is common in a country with a
Bovespa trend downDue to major events stocks will suffer a bit mainly in emerging markets...for moment trend down
Bovespa trend upBrazilian stock market has got a change in directon of trend down.. for moment trend up
Brazil is a Mustang!?-I begin my humble analysis with a paradoxical sentence: “Brazil does not lose the opportunity to lose great opportunities”.
-Brazil looks like that beautiful Ford Mustang parked in the garage, however, with a little thing out of the axis. It has no wheels.
-Despite being without the beautiful whe
A little of history! What is yours? Do you agree with this one?1 - Start
2 - The middle!
3 - The end?
4 - What is the question?
As we know, normally, the future repeats the past and in view of the scenarios presented above, in your opinion, which of the LTA's will prices respect with the scenarios that are about to happen with the new directions that ar
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Frequently Asked Questions
The IBovespa Index is comprised of 86 instruments including BMFBOVESPA:PETR3, BMFBOVESPA:PETR4, BMFBOVESPA:ITUB4 and others. See the full list of IBovespa Index components to find more opportunities.
The highest-priced instruments on IBovespa Index are BMFBOVESPA:SBSP3, BMFBOVESPA:VALE3, and BMFBOVESPA:SUZB3 - they'll cost you 82.57 BRL, 62.22 BRL, and 59.90 BRL accordingly.
The champion of IBovespa Index is BMFBOVESPA:BRFS3 - it's gained 192.22% over the year.
The weakest component of IBovespa Index is BMFBOVESPA:BHIA3 - it's lost 87.87% over the year.
The top companies of IBovespa Index are BMFBOVESPA:PETR3, BMFBOVESPA:PETR4, and BMFBOVESPA:ITUB4 - they can boast market cap of 107.06 B BRL, 107.06 B BRL, and 56.37 B BRL accordingly.
The current value of IBovespa Index is 126526.27 BRL — it has risen by 1.51% in the past 24 hours.
IBovespa Index value has increased by 1.88% in the past week, since last month it has shown a 0.27% decrease, and over the year it's increased by 23.67%.
IBovespa Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy IBovespa Index futures or funds or invest in its components.
The lowest ever quote of IBovespa Index is 1249.00 BRL. It was reached on Mar 21, 1994.
IBovespa Index reached its highest quote on Dec 28, 2023 — 134391.67 BRL.