São Paulo – The São Paulo Stock Exchange (Bovespa) recorded a series of records in October, according to a statement issued by the institution on Friday (5th). The financial volume during the month exceeded 155 billion reals (US$ 92.1 billion), the highest level ever, as against 141 billion reals (US$ 83.8 billion) in September this year and 154 billion reals (US$ 91.5 billion) in October 2009.
The average daily volume was approximately 7.8 billion reals (US$ 4.6 billion), another record. The number of deals per day reached 511,000, another record, still according to Bovespa. More than 10 million deals were made in October, as against 9.4 million in September.
The shares with the highest financial volume last month were Petrobras PN, Vale PNA, OGX Petróleo ON, Petrobras ON and BM&FBovespa. BM&FBovespa is the holding company that controls Bovespa and the Mercantile and Futures Exchange (BM&F), both in São Paulo.
The shares that appreciated the most, however, were Lojas Americanas PN, Lojas Renner ON, Ambev PN, Pão de Açúcar PNA and Gol PN. The shares that dropped the most were Redecard ON, Marfrig ON, JBS ON, Petrobras ON and Usiminas PNA.
Ibovespa, the stock exchange’s main index, ended October at 70,673 points, representing growth of 1.79% over September. The market value of the 379 companies listed on Bovespa reached 2.55 trillion reals (US$ 1.5 billion).
Also according to the institution, foreign investors accounted for 32.88% of the financial volume traded last month, followed by institutional investors, with 32.49%, natural persons (22.52%), financial institutions (8.92%), companies (3.08%) and others (0.1%).
*Translated by Gabriel Pomerancblum
