Bovespa IPO

[Doji7]

Bovespa IPO

Local IPO only available in Brazil markets?
Or

Adr stock will be tradable in US markets?

 

[Doji7]

 

[MrDODGE]

I think only Brazil markets

 

[MrDODGE]

The ticker is BOVH3.SA and it looks like a great investment.

 

[Daal]

anyone has the PE and book value

 

[MrDODGE]

Quote from Daal:

anyone has the PE and book value

Remember, you would have to convert USD to Brazilian currency to make the investment.

 

[sophiekay]

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.

 

[sophiekay]

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.

Quote from Daal:

anyone has the PE and book value

 

[Surdo]

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