Marfrig in Brazil's Top 50
12 October 2010BRAZIL - Meat processor, Marfrig, has been listed among the country's top 50 companies on the Brazil stock exchange.
Marfrig, a global processor of beef, pork and poultry products, has been given a weighting of 0.375 per cent on the Brazil 50 Index (IbrX-50).
The IBrX-50 tracks the return of a portfolio composed of 50 stocks selected from among the most heavily traded stocks on the BM&FBOVESPA S.A. - Securities, Commodities and Futures Exchange, with each stock weighted in the portfolio based on the market value of the shares available for trade.
The IBrX-50 is as a benchmark for investors and portfolio administrators and can also serve as the underlying index for the launch of derivatives (futures, futures options and index options).
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