Sao Paulo Stock Exchange

Sao Paulo Stock Exchange

Bolsa de Valores de Sao Paulo

Also called BOVESPA. A former stock exchange in Brazil. It was founded in 1890 and owned by the government until the 1960s. It merged with the Brazilian Mercantile and Futures Exchange in 2008 to form the BM&F BOVESPA.
References in periodicals archive ?
The fund will focus on stocks listed on the Sao Paulo Stock Exchange (Bovespa) and specifically in the commodities, mining, oil and gas sectors.
2bn in cash and CHF300m in BTG units listed on the Sao Paulo stock exchange.
ear-marked for Sao Paulo Stock Exchange and New York Stock Exchange trading.
The company plans to dual list on the NYSE and Sao Paulo Stock Exchange to raise funds to finance expansion, portfolio diversification and reduce debt.
Ever since its IPO in 2004, CPFL has participated in the listing tiers of the Sao Paulo Stock Exchange (BM&FBOVESPA) and the New York Stock Exchange (NYSE) with the most stringent requirements for corporate governance: the Novo Mercado and ADR level III, respectively.
58 reais in intraday trade at the Sao Paulo Stock Exchange.
With low inflation and high interest rates, the Brazilian economy is enjoying an unparalleled period of economic boom and political stability, which has created 60,000 dollar millionaires and saw 64 companies float on the Sao Paulo Stock Exchange last year.
The transactions carried out on the Sao Paulo Stock Exchange (BOVESPA) and New York Stock Exchange (NYSE) as of, and including, March 31, 2008, will be ex-dividends and interest.
51 percent from the previous day on the Sao Paulo Stock Exchange, with its key Bovespa Index setting an all-time high of 50,218 points.
After initially postponing a meeting at which they planned to review a $500 million bid from freight and logistics company VarigLog due to reported changes in the offer, Varig creditors late Monday decided to reject the bid, forcing the Sao Paulo stock exchange to suspend trading in Varig stock briefly after a rush to sell, according to press reports, and leaving Brazil's flag carrier on the cusp of liquidation.
The capital flight was apparent on the Sao Paulo Stock Exchange, where the benchmark Ibovespa index closed 0.
America Latina Logistica (ALL), a transportation company operating in southern Brazil and Argentina, hit the jackpot in July when it raised US$173 million on the Bovespa, the Sao Paulo stock exchange.