São Paulo – The São Paulo Stock Exchange (Bovespa) broke financial volume and trading records in 2010, according to figures disclosed on Thursday (6) by the BM&FBovespa, the holding company that administers the stock market. The annual turnover was .1.6 trillion Brazilian reals (US$ 958 billion), as against 1.3 trillion Brazilian reals (US$ 778 billion) in 2009 and 1.37 trillion in 2008 (820 billion), which had been the greatest level to up to now. The daily average trading volume was 6.48 billion reals (US$ 3.9 billion), also record.
The total number of shares traded was 106.418.437, as against 81.757.927 in 2009. The daily average reached a record 430,844. The shares that were most traded were Vale PNA, Petrobras PN, OGX Petróleo ON, Itauunibanco PN and BM&FBovespa ON.
The Ibovespa, the main index in the stock market, ended the year at 69,301 points, appreciation of 1% over the figure for the end of 2009. Of the shares included in the Ibovespa, the ones presenting the greatest expansion were Souza Cruz ON, Ambev PN, Lojas Renner ON, Braskem PNA and Natura ON. The largest contractions were in the ALL ON, LLX ON, B2W Varejo ON, Fibria ON and Telemar PN shares.
The market value reached by the 381 companies with shares traded in the stock market reached R$ 2.56 trillion, another record.
Institutional investors were the ones who invested most in the stock market, followed by foreigners, natural people, financial institutions and companies.
*Translated by Mark Ament
