The Ibovespa index traded in the green on Tuesday, ahead of The Chamber of Deputies Commission on Constitution and Justice (CCJ) meeting later in the day. After being delayed by a week, the CCJ will meet to analyse and possible vote on the admissibility of the pension reform. Labor and Pension Secretary Marinho said there will be some minor changes to the pension bill, but insisted the government will not dilute its targeted savings of R$ 1.1 trillion over the next decade. If the pension reform is approved by the CCJ, it will continue for the consideration of a special committee and then of the House Plenary. Also, investors concerns regarding a possible truckers' strike eased after Infrastructure Minister Gomes agreed to readjust the worksheet of the minimum freight floor table. The Ibovespa index was trading 1.0% higher at 95465 around 11:55 AM Brasilia time. Historically, the Brazil Stock Market (BOVESPA) reached an all time high of 99993.92 in March of 2019.

The Brazil Stock Market (BOVESPA) is expected to trade at 93592.13 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 88334.79 in 12 months time.

Brazil Stock Market (BOVESPA)
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Indexes Price Day Year
iBovespa 95457 868.94 0.92% 11.69%

Brazil Markets Last Previous Highest Lowest Unit
Currency 3.96 3.94 4.21 0.01 [+]
Stock Market 95543.56 94588.06 99993.92 0.00 points [+]
Government Bond 10Y 8.95 8.98 17.91 8.71 percent [+]

Brazil Stock Market (BOVESPA)

The IBOVESPA is a major stock market index which tracks the performance of around 50 most liquid stocks traded on the Sao Paulo Stock Exchange in Brazil. It is a gross total return weighted index. The index has a base value of BRL 100 as of January 2, 1968. Since 1968, The Bovespa Index has been adjusted 11 times by a factor of 100 in 1983 and by factor of 10 in 1985, 1988, 1989, 1990, 1991, 1992, 1993, 1994, and 1997. This page provides - Brazil Stock Market (BOVESPA) - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Stock Market (BOVESPA) - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
95457.00 94588.06 99993.92 0.00 1972 - 2019 points Daily