Rebalancing Brazil’s Market Index: Key Shifts in the Latest Ibovespa Review

Recently, B3, the São Paulo Stock Exchange administrator, implemented significant changes to the Ibovespa, Brazil’s benchmark stock index. As part of the regular quarterly review, Dexco (DXCO3) was excluded while Auren Energia (AURE3), Caixa Seguridade (CXSE3), and Santos Brasil (STBP3) were added. Consequently, starting in September and continuing until year’s end, these updates will mirror […]