BM&F Bovespa 巴西证券交易所
(重定向自Sao Paulo Stock Exchange)
The BM&F BOVESPA (Portuguese pronunciation: [boˈvespɐ]; in full, Bolsa de Valores, Mercadorias & Futuros de São Paulo) is a stock exchange located at São Paulo, Brazil. At the end of 2011 it had a market capitalization of US $1.22 Trillion, making it in the 13th largest stock exchange in the world. However, owing the slump in economic growth in Brazil associated with political problems, in addition to the strengthening of the U.S. Dollar vis-à-vis the Brazilian Real, the capitalization shrank to R$2.21 trillion by the end of 2015, or around US$630 billion. On May 8, 2008, the São Paulo Stock Exchange (Bovespa) and the Brazilian Mercantile and Futures Exchange (BM&F) merged, creating BM&FBOVESPA. The benchmark indicator of BM&FBOVESPA is the Índice Bovespa. There were 381 companies traded at Bovespa as of April 30, 2008.