BM&F Shares Jump 22% on Debut

BM&F Shares Jump 22% on Debut


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

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