Bovespa IPO

Discussion in 'Stocks' started by Doji7, Oct 26, 2007.

  1. Doji7

    Doji7

    Bovespa IPO

    Local IPO only available in Brazil markets?
    Or

    Adr stock will be tradable in US markets?
     
  2. Doji7

    Doji7

    :confused:
     
  3. I think only Brazil markets
     
  4. The ticker is BOVH3.SA and it looks like a great investment.
     
  5. Daal

    Daal

    anyone has the PE and book value
     
  6. Remember, you would have to convert USD to Brazilian currency to make the investment.
     
  7. SAO PAULO, Brazil (AP) -- Shares of Brazil's Bovespa stock exchange soared Friday after setting a Brazilian initial public offering record, drawing in so many dollars from foreign buyers that Brazil's currency rose sharply against the greenback.
     
  8. Daal:

    Can not find financials on Bovespa (in English). But they must be EXCELLENT as they are a major stock exchange. My broker does not support international exchanges. Do you know of any who do?

    I'd love to get in on this one.

     
  9. Surdo

    Surdo

    Just trade EWZ and you are very well covered in Brazil.