Top 30 companies of Brazil in the Bovespa index 2019

Panorama of Rio de Janeiro

The largest Brazilian companies have a heavy impact on the economy of the country, Latin America and beyond. The thirty largest publicly traded companies of Brazil in the B3 Stock Exchange are presented here with details on their activities, logos, and useful information.

365体育竞猜In Brazil, large companies are generally incorporated as Sociedade Anônima (abbreviated as S.A.), to get publicly listed on the Brazilian Stock Exchange, the Brasil Bolsa Balcão – B3. They have to abide by the rules of the Securities and Exchange Commission of Brazil but they can then obtain capital from investors who buy their stocks on the B3 stock exchange.

The Bovespa Index

To facilitate the evaluation of movements in the equity market and the economy of Brazil, the stocks of about 60 of the most traded Brazilian companies, which includes the largest corporations of the country. They are aggregated in the Bovespa Index, best known as Ibovespa (Índice Bovespa) which is considered the benchmark stock index of Brazil. Regrouping the companies that were most traded on the B3 stock exchange in the last 12 months, companies that are included in the Ibovespa represent 70% of all the stock value traded in Brazil.

Evolution of the Ibovespa over 5 years
Evolution of the Ibovespa over 5 years (Image: Google Finance)

The real-time quotation of the Bovespa  Index can be followed through convenient graphical tools from a number of sources, including the B3 stock exchange, Google Finance, Yahoo Finance, Bloomberg, etc.

Note that this post is part of a series:

List of the 30 largest companies of the Bovespa index by market capitalization

365体育竞猜To help you learn more about Brazilian corporations, the 30 largest companies in the Ibovespa have been listed hereafter. Each company is presented with details on its operations, sector, market capitalization, a direct link to its website, logo and stock symbol.

Companies are ranked by market capitalization in Brazilian Real as of the effective close of Friday, July 12, 2019.

Quick links to the 30 largest publicly listed companies in the Brazilian Ibovespa

365体育竞猜To facilitate your browsing in this long list, here are quick links to go directly to the details of any of the top 30 Ibovespa companies.

365体育竞猜 – Market Cap.: R$ 22.79 Billion – Stock symbol: UGPA3

 – Market Cap.: R$ 23.69 Billion – Stock symbol: CSNA3

– Market Cap.: R$ 23.73 Billion – Stock symbol: CMIG4

365体育竞猜 – Market Cap.: R$ 23.88 Billion – Stock symbol: NATU3

– Market Cap.: R$ 23.90 Billion – Stock symbol: GGBR4

– Market Cap.: R$ 24.93 Billion – Stock symbol: PCAR4

24. Lojas Americanas

Lojas Americanas logoSector: Retail

Lojas Americanas is a retail company. Founded in 1929, it operates about 1500 stores, local convenience stores, supermarkets, and hypermarkets, selling consumer and media electronics, home appliances and furniture, beauty products, and toys. It is also one of the leading operators of e-commerce websites in Brazil.

Website: – Market Cap.: R$ 25.44 Billion – Stock symbol: LAME4

365体育竞猜 – Market Cap.: R$ 27.26 Billion – Stock symbol: BRFS3

365体育竞猜 – Market Cap.: R$ 29.29 Billion – Stock symbol: TIMP3

365体育竞猜 – Market Cap.: R$ 29.30 Billion – Stock symbol: BRKM5

365体育竞猜 – Market Cap.: R$ 30.40 Billion – Stock symbol: CCRO3

– Market Cap.: R$ 30.52 Billion – Stock symbol: RENT3

– Market Cap.: R$ 33.50 Billion – Stock symbol: RAIL3

– Market Cap.: R$ 35.45 Billion – Stock symbol: SBSP3

– Market Cap.: R$ 36.30 Billion – Stock symbol: CPFE3

– Market Cap.: R$ 37.74 Billion – Stock symbol: LREN3

– Market Cap.: R$ 37.94 Billion – Stock symbol: EGIE3

365体育竞猜 – Market Cap.: R$ 48.46 Billion – Stock symbol: WEGE3

– Market Cap.: R$ 52.51 Billion – Stock symbol: ELET3-ELET6

– Market Cap.: R$ 65.08 Billion – Stock symbol: JBSS3

– Market Cap.: R$ 81.75 Billion – Stock symbol: B3SA3

– Market Cap.: R$ 84.59 Billion – Stock symbol: VIVT4

8. Itausa

Sector: Holding

Itaúsa logoItaúsa is a holding company controlling several companies including Itaú Unibanco, a multinational banking group (see below #2365体育竞猜), Duratex, a company specialized in wood materials, Alpargatas, a company specialized in footwear and sports articles, as well as several other companies in real estate, healthcare, and chemicals.

Website: – Market Cap.: R$ 109.82 Billion – Stock symbol: ITSA4

– Market Cap.: R$ 149.00 Billion – Stock symbol: BBAS3

– Market Cap.: R$ 173.83 Billion – Stock symbol: SANB11

365体育竞猜 – Market Cap.: R$ 273.79 Billion – Stock symbol: VALE3

4. AmBev

AmBev logoSector: Beverages

AmBev, officially Companhia de Bebidas das Américas, is a brewing and beverage company operating throughout Latin America and Canada, with beer brands including Antarctica, Bogotá Beer Company, Brahma, Bohemia, Skol, Stella Artois and soft drinks including Guaraná Antarctica, Soda Antarctica, Sukita, H2OH! and Guarah. It also bottles, sells and distributes products of PepsiCo, one of the largest companies quoted in the Nasdaq, in Brazil and Latin America. AmBev is majority-owned by the Belgian brewing holdings company Anheuser-Busch InBev.

Website: – Market Cap.: R$ 286.24 Billion – Stock symbol: ABEV3

365体育竞猜 – Market Cap.: R$ 290.93 Billion – Stock symbol: BBDC3-BBDC4

2. Itau Unibanco

Itau Unibanco logo365体育竞猜Sector: Financials

Itaú Unibanco, or more simply Itaú, is the largest bank in Brazil and Latin American bank by assets and market capitalization. A subsidiary of Itaúsa (see above #8), Itaú Unibanco provides services in retail banking, insurance, and investment banking with operations in multiple countries of Latin and North America, Europe, Asia, and the Middle East.

365体育竞猜Website: – Market Cap.: R$ 330.10 Billion – Stock symbol: ITUB4

– Market Cap.: R$ 392.21 Billion – Stock symbol: PETR3-PETR4

Here are the 30 largest public companies from Brazil. Do you think they are worth their market capitalization? Are their stocks a good investment right now? Do they have too much economic power… and maybe political power too?

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