By Contributing Reporter
RIO DE JANEIRO, BRAZIL – The number of active investors in the Brazilian stock market leaped 60 percent in May to over 1.1 million individuals, said the operator of the São Paulo stock exchange, B3, on Monday, June 10th.
Domestic stock market turnover reached R$15 (US$3.75) billion in May, an increase of 5.8 percent over the same month last year, stated the B3 on Monday. This provided B3 with a 26 percent higher revenue per contract.
The exchange has also announced that the number of listed companies has dropped 2,5 percent year on year, to 393 companies. Nevertheless, the joint market value of the companies listed on B3 grew 10.7 percent in 12 months, to R$3.77 trillion.
In the derivative contracts market, including interest, currencies, and commodities, volume fell 16.3 percent in May to 3.68 million. Still, the average revenue per contract increased by 32.2 percent.