B3 (stock exchange)
B3 S.A. – Brasil, Bolsa, Balcão (in English, B3 – Brazil Stock Exchange and Over-the-Counter Market), formerly BM&FBOVESPA, is a stock exchange located in São Paulo, Brazil, and the second oldest of the country.
| Type | Stock exchange |
|---|---|
| Location | São Paulo, Brazil |
| Coordinates | 23°32′47″S 46°38′03″W |
| Founded | August 23, 1890 |
| Owner | B3 S.A. - Brasil, Bolsa, Balcão (B3: B3SA3) |
| Key people | Gilson Finkelsztain (CEO) Antonio Carlos Quintella (Chairman) |
| Currency | Brazilian real |
| No. of listings | 475 (October 2022) |
| Market cap | US$$791 billion (January 2023) |
| Indices | Ibovespa |
| Website | b3 |
Its current form can be traced back to May 8, 2008, when the São Paulo Stock Exchange (Bovespa) and the Brazilian Mercantile and Futures Exchange (BM&F) merged, creating BM&FBOVESPA. On March 30, 2017, BM&FBOVESPA merged with CETIP, creating B3.
The benchmark indicator of B3 is the Índice Bovespa, more commonly known as Ibovespa. There were 475 companies traded at Bovespa as of October 2022.
On June 7, 2021, the Ibovespa index reached its record market closing above 130,776 points.
B3 also has offices in Rio de Janeiro, Shanghai, and London.