Since 2014
Fifty-year history of the Ibovespa
Brazilian Review of Finance
View Archive Info| Field | Value | |
| Title |
Fifty-year history of the Ibovespa
Ibovespa: 50 anos de história |
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| Creator |
Castro, F. Henrique; São Paulo School of Economics, FGV
Eid Junior, William; São Paulo School of Business Administration, FGV Santana, Verônica F.; Centro Universitário FECAP Yoshinaga, Claudia E.; São Paulo School of Business Administration, FGV |
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| Subject |
Finance; Business
Market index, stock market, Brazil D02, E44, G10, N26 — — — |
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| Description |
We summarize the fifty-year history (1968-2017) of the Ibovespa, a gross total return index that comprises the most liquid stocks traded on the São Paulo Stock Exchange in Brazil. We provide contextual material on the Brazilian economy during this 50-year period (such as the fight against hyperinflation, the privatization of companies, and economic crises) and its impact on the index composition and performance. We discuss the effect of the change in the index calculationmethodology that took place in 2014, when companies with lower market capitalization became less representative in the index. Finally, we discuss the representativeness of each industry on the Ibovespa portfolio.
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| Publisher |
Lociedade Brasileira de Finanças
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| Contributor |
—
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| Date |
2019-11-05
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Double blind reviewed articles Case Studies Avaliado por Pares — |
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| Format |
application/pdf
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| Identifier |
http://bibliotecadigital.fgv.br/ojs/index.php/rbfin/article/view/80028
10.12660/rbfin.v17n3.2019.80028 |
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| Source |
Brazilian Review of Finance; Vol 17, No 3 (2019): July-September; 47-65
Revista Brasileira de Finanças; Vol 17, No 3 (2019): July-September; 47-65 1984-5146 1679-0731 |
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| Language |
eng
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| Relation |
http://bibliotecadigital.fgv.br/ojs/index.php/rbfin/article/view/80028/77112
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| Rights |
Copyright (c) 2019 Brazilian Review of Finance
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