Bolsa do Brasil has 2nd worst performance among 79 countries in 2021, according to survey

O Ibovespa, reference index of the Brazilian stock exchange that aggregates the actions with the highest trading volume, it had the second worst performance among 79 countries between December 2020 and November 2021.

The data are from a survey by Austin Rating consultancy, which grouped the performance of the main indexes of each exchange in the analyzed countries. The worst performance was that of the IBC, the main stock exchange index of the Venezuela, which dropped 99.52%.

The Ibovespa dropped 14.41%, considering the variation in the local currency. Between December 2020 and November 2021, the index went from 119,017 points to 101,867.

In addition to the Ibovespa and the IBC, the five biggest falls were made up by the stock exchange indices. Hong Kong (-13.79%), Malta (-9.06%) e Malaysia (-6,96%).

The best performance, by the same criteria, came from ALSZI, the main stock exchange index of the Zimbabwe, with an appreciation of 305.70%. The other four biggest hikes were in Costa Rica stock exchanges (54.66%), Argentina (54.83%), Sri Lanka (68.88%) and Mongolia (104.09%).

Considering the variation in dollar, the performance of the Ibovespa was the third worst, falling 20.86%, behind the IBC of the Venezuelan stock exchange (down 99.52%) and the BIST 100, of the stock exchange. Turkey (down 31.19%). The biggest rise was also on the Zimbabwe stock market, at 307.13%.

The performance of the Ibovespa, considering the variations by the local currency, was below both the average of emerging countries (up 23%) and of the countries that make up the Brics – group formed by Brazil, China, Russia, India and South Africa -, up 7%.

The overall average performance of stock exchanges in the 79 countries was up 19.6% considering the variation in the respective local currencies. The average for developed countries was an increase of 14.2% in the period.