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Emerging Markets

Smart Fit Joins Brazil’s Benchmark Ibovespa Stock Index

The Rio Times · 1h ago · 🇧🇷 Brazil

Smart Fit Joins Brazil’s Benchmark Ibovespa Stock Index

Brazil · Markets Key Facts —First-time inclusion Low-cost gym chain Smart Fit joined Brazil’s benchmark Ibovespa index for the first time since its 2021 IPO, effective May 5, 2025. —Index liquidity boost Being listed on the most-traded index typically attracts automatic investment from funds and ETFs, boosting a stock’s daily trading volume. —BTG’s buy thesis […] The post Smart Fit Joins Brazil’s Benchmark Ibovespa Stock Index appeared first on The Rio Times .

Read the full story at The Rio Times →

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