Sao Paolo Stock Exchange (SAO) .SA
Definition of 'Sao Paolo Stock Exchange (SAO) .SA'Based in Sao Paolo, Brazil, this exchange has the fourth-largest market cap in all of the Americas and the 13th largest in the world. It is also known as the BM&F Bovespa. The main index of this exchange is the Indice Bovespa. |
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Investopedia explains 'Sao Paolo Stock Exchange (SAO) .SA'The Sao Paolo Exchange, formerly known as the Bovespa, merged with the Brazil Mercantile and Futures Exchange in 2008 to create the BM&F Bovespa Exchange. As of April 30, 2008, 450 companies traded on the exchange. The original exchange was founded in 1890. |
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