• Categories
  • Archives

Value of Brazil Companies Up 130% in 2009. Compare this to 28% in the US

Bovespa, Brazil The aggregate value of Brazilian listed companies rose by almost 130% in 2009, according to a study disclosed by consultancy company Economática. According to the research, the 304 companies listed in the São Paulo Stock Exchange (Bovespa) were worth US$ 533.6 billion in December 2008.

With the good performance of the Brazilian capital markets in 2009, their market value reached US$ 1.224 trillion at the end of December.

In this area, Brazil presented the largest percentage and nominal growth this year among the countries in Latin America and the United States. According to Economática, the market value of the 704 Latin-American countries grew 94.7% and reached US$ 2.08 trillion in December 2009.

In the US, the companies that are included in the S&P 500 index appreciated by 28.1% in the same comparison, and ended the year with an aggregate market value of US$ 10.354 trillion.

Although the percentile growth for the US was smaller, the nominal expansion in comparison with December 2008 was US$ 2.273 trillion, more than the value of all Latin-American companies together.

In the case of Brazil, the sector that grew most was building, whose companies ended the year with a market value of US$ 30.6 billion, expansion of 368% in comparison with December 2008.

The sector with the greatest participation in the total, however, is the banking sector, with a market value of US$ 259.6 billion, growth of 126% in comparison with the last month of 2008.

Anba

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

No One Buys More Chicken from Brazil than the Middle East

Brazilian chicken meat exports to the Arab countries should go on rising in 2005. ...

Brazil Agribusiness Grows 12% to Record US$ 44 Billion

Brazilian agribusiness exports broke a new record and reached US$ 43.6 billion last year. ...

Two Peruvian Pilots Killed in War Games Between Brazil and Neighbors

The Brazilian Air Force informed that Sunday Morning (August 20th), an aircraft A-37 from ...

Over 2,500 Brazilians Were Freed from Slavery in 2004

In 2004, 2,582 people were freed from slave-like labor conditions on 252 rural properties ...

Brazil’s Airline Gol Vows to Cut Carbon Dioxide by 20%

Brazilian airline Gol plans a 20% reduction in carbon dioxide emissions per ASK (available ...

Moqueca, a Brazilian typical fish dish

Brazil Gives the US and Europe a Taste of Its Diverse Cuisine

Marketing Brazilian cuisine in foreign land, taking Brazilian dishes to other countries and helping ...

US Getting 20,000-a-Month Water-Saving Toilet Bowls from Brazil

Catering to the demand from consumers who struggle with water scarcity, as well as ...

Brazilians from the Northeast Live on a Third of Water Needed by a Human

The amount of fresh water available on an annual per capita basis to residents ...

A Push to Spread Brazilian Limes Overseas

The southeastern Brazilian state of Minas Gerais wants to export limes to the United ...