Bovespa Index

Written By
Paul Tracy
Updated October 29, 2021

What is the Bovespa Index?

The Bovespa Index tracks around 50 stocks traded on the São Paulo Stock, Mercantile & Futures Exchange. The term Bovespa is derived from BOlsa de Valores do Estado de São Paulo, the Portugese name for the exchange.   

How Does the Bovespa Index Work?

The Bovespa Index tracks stocks that account for 80% of the total market volume traded in the last 12 months and that were traded on at least 80% of trading days.  

This is an accumulation index, meaning it represents the present value of a portfolio begun on January 2, 1968 with a value of 100. It has been divided by a factor of 10 on 11 occasions since inception.

Why Does the Bovespa Index Matter?

The Bovespa is an important index, as it tracks one of the world's most significant emerging markets, Brazil. Since it is a market cap weighted index, the largest firms tend to have the greatest impact on the Bovespa's value. 

Activate your free account to unlock our most valuable savings and money-making tips
  • 100% FREE
  • Exclusive money-making tips before we post them to the live site
  • Weekly insights and analysis from our financial experts
  • Free Report - 25 Ways to Save Hundreds on Your Monthly Expenses
  • Free Report - Eliminate Credit Card Debt with these 10 Simple Tricks
Ask an Expert
All of our content is verified for accuracy by Paul Tracy and our team of certified financial experts. We pride ourselves on quality, research, and transparency, and we value your feedback. Below you'll find answers to some of the most common reader questions about Bovespa Index.
Be the first to ask a question

If you have a question about Bovespa Index, then please ask Paul.

Ask a question

Paul has been a respected figure in the financial markets for more than two decades. Prior to starting InvestingAnswers, Paul founded and managed one of the most influential investment research firms in America, with more than 3 million monthly readers.

If you have a question about Bovespa Index, then please ask Paul.

Ask a question Read more from Paul
Paul Tracy - profile
Ask an Expert about Bovespa Index

By submitting this form you agree with our Privacy Policy

Don't Know a Financial Term?
Search our library of 4,000+ terms