B3 (stock exchange)

B3
TypeStock exchange
LocationSão Paulo, Brazil
Coordinates23°32′47″S 46°38′03″W / 23.54639°S 46.63417°W / -23.54639; -46.63417
FoundedAugust 23, 1890 (1890-08-23)
OwnerB3 S.A. - Brasil, Bolsa, Balcão (B3: B3SA3)
Key peopleGilson Finkelsztain (CEO)
Antonio Carlos Quintella (Chairman)
CurrencyBrazilian real
No. of listings475 (October 2022)[1]
Market capUS$$977.21 billion (February 2024)[2]
IndicesIbovespa
Websiteb3.com.br/en_us

B3 S.A. – Brasil, Bolsa, Balcão (in English, B3 – Brazil Stock Exchange and Over-the-Counter Market), formerly BM&FBOVESPA, is a stock exchange located in São Paulo, Brazil, and the second oldest of the country.

Its current form can be traced back to May 8, 2008, when the São Paulo Stock Exchange (Bovespa) and the Brazilian Mercantile and Futures Exchange (BM&F) merged, creating BM&FBOVESPA.[3] On March 30, 2017, BM&FBOVESPA merged with CETIP, creating B3.

The benchmark indicator of B3 is the Índice Bovespa, more commonly known as Ibovespa. There were 475 companies traded at Bovespa as of October 2022.[1][4]

On June 7, 2021, the Ibovespa index reached its record market closing above 130,776 points.[5]

B3 also has offices in Rio de Janeiro, Shanghai, and London.[6]

  1. ^ a b "B3 tem 475 empresas listadas" [B3 has 475 listed companies]. Monitor Mercantil (in Portuguese). 2022-10-18.
  2. ^ "30 Largest Stock Exchanges in the World". Yahoo. 2024-04-15.
  3. ^ BM&F Bovespa: About us Archived 2010-09-21 at the Wayback Machine
  4. ^ "De 354 ações da B3, só 21 estão no azul – e é mais sorte que oportunidade". www.cnnbrasil.com.br. Archived from the original on 2008-10-06.
  5. ^ "Bovespa fecha em alta pelo 8º pregão seguido e renova máxima com impulso de bancos" (in Brazilian Portuguese). g1. 2021-06-07. Retrieved 2022-02-06.
  6. ^ "B3 | Sustainable Stock Exchanges". Retrieved 2023-03-08.

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