São Paulo Bovespa

São Paulo Bovespa definition - finance
A total return index weighted by traded volume comprised of the most frequently traded stocks on the São Paulo Stock Exchange. It has been divided 10 times by a factor of 10 since January 1, 1985, with the last division occurring on March 3, 1997.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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