BM&F Shares Jump 22% on Debut

BM&F Shares Jump 22% on Debut

Equity

Shares of BM&F, Brazil's mercantile and futures exchange, jumped 22% to BRL24.40 in the first day of trade. The surge was small compared to the first day for the Bovespa, which popped 52%. The BM&F's underwriters claim there was a deliberate strategy

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial