Science Fair Project Encyclopedia
Bovespa
BOVESPA (Bolsa de Valores do Estado de São Paulo) State of Sao Paulo Stock Exchange Located in the heart of the biggest Brazilian city, São Paulo (city), the BOVESPA is the largest stock exchange in Latin America. On an average day, shares valued at R$ 1,221.3 million trade on the BOVESPA (in 2004), when US$1.00 = R$2.80 approximately. Established in August 23, 1890 on XV de Novembro Street, it was a public institution until 1966, when it became a non-profit civil association. The BOVESPA integrates all the Brazilian Stock Exchanges in several Brazilian capitals, including Rio de Janeiro, where the Government stocks are traded.
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10-26-2009 08:16:03
The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details
The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details