Mondo Visione Worldwide Financial Markets Intelligence

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BOVESPA’s Monthly Performance - February 2007

Date 09/03/2007

BOVESPA’s year-to-date foreign investment balance presented an outflow of BRL 621,095,153.00 or USD 291,392,086.77 as of February 28. This figure includes the net inflow of BRL 643,406,912.00 or USD 303,751,728.83 , resulting from purchases of BRL 27,622,821,788.00 or USD 13,040,705,215.75 and sales of BRL 26,979,414,876.00 or USD 12,736,953,486.92 , as shows the table below:

2007 BOVESPA´s Year-to-Date Foreign Investment Balance - in USD

Month Buy* Sell* Net* Year-to-Date
January 9,743,923,490.38 10,339,067,305.97 (595,143,815.60) (595,143,815.60)
February 13,040,705,215.75 12,736,953,486.92 303,751,728.83 (291,392,086.77)
* This information is calculated using the monthly closing exchange rate of the Central Bank of Brazil.


Novo Mercado and Levels of Corporate Governance
The IGC (Corporate Governance Index) closed February down 1.1%. It is composed of 101 companies: 51 of Novo Mercado and 50 of Level 1 and 2. These companies now represent 60% of BOVESPA’s total market capitalization, 61% of the total trading value of BOVESPA. In the period, four companies joined Novo Mercado: on February 1, Tecnisa had its IPO; on February 7, Iguatemi had its IPO; on February 12, São Martinho had its IPO and on February 16, GVT had its IPO.

IPOs – Capital Raised

Date Company Ticker Amount - USD Foreign Investors´ Participation
January/2007 PDG pdgr3 303,555,524 93%
Rodobens rdni3 245,681,736 56%
Camargo Corrêa ccim3 not avaiable at this date not avaiable at this date
February/2007 São Martinho smto3 200,416,272 53%
GVT gvtt3 514,703,772 76%
Tecnisa tcsa3 not avaiable at this date not avaiable at this date
Iguatemi igat3 not avaiable at this date not avaiable at this date
* This information is calculated using the Central Bank of Brasil exchange rate on the first day of Trading.




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Investors Groups
The monthly trading turnover was pushed by International Investors, who led transactions with a 36.43% stake against 32.9% in January. Institutional Investors ranked second with 26.42% compared to 28.4% registered in the previous month, followed by Individuals with 22.13% (against 26.0%); Financial Institutions, 13.37% (against 9.4%); Companies, 1.5%, (against 3.1%); and Other Groups, the same 0.1% registered in January.



Home Broker Stake
In February, the participation of Home Broker system in BOVESPA’s total result reached 7.07% and 24.96% in trade value and volume, accordingly, against 8.28% and 24.90% in January. The system reached daily averages of 61,642 transactions with BRL 508,9 million or USD 243 million financial value traded (against 54,396 trades with BRL 456 million or USD 213 million in the previous month). Currently provided by 54 brokerage houses, Home Broker registered 95,544 logins in the period. The average value of trade stood at BRL 8,200.

For further information on Home Broker, click here.


Trading Value
In February, BOVESPA turned over BRL 75 billion or USD 35.7 billion compared to BRL 64.9 billion or USD 30.2 billion in the previous month. The daily average stood at 129,003 trades and BRL 4.2 billion or USD 2.0 billion as financial value traded, while January registered 113,741 trades as average with BRL 3.1 billion or USD 1.4 billion financial value traded. The most active stocks in terms of trading value were: Petrobras PN (BRL 7.98 billion or USD 3.8 billion); Vale R Doce PNA (BRL 6.44 billion or USD 3.07 billion); Usiminas PNA (BRL 2.53 billion or USD 1.2 billion); Bradesco PN (BRL 1.83 billion or USD 910 million); and Sid Nacional ON (BRL 1,63 billion or USD 776 million).





Markets
Cash Market was responsible for 93.9% of the total value registered in February, followed by Options (3.1%) and Forward (3.0%). The After Market amounted to 22,061 trades worth BRL 255,684,350.63 or USD 121,868,755.92 (against 20,252 trades worth BRL 235,774,086.36 or USD 110,209,080.88 registered in the previous month).


Ibovespa
The benchmark Ibovespa broad index closed February down 1.6% at 43,892 points. The best performing stocks in the period were Arcelor BR ON (+13.05%); Embraer ON (+12.06%); Acesita PN (+11.97%); Usiminas PNA (+10.24%); and Submarino ON (+8.37%), while the worst performing stocks were Braskem PNA (-11.27%); Eletrobrás ON (-10.00%); TIM Part S/A ON (-9.69%); Pão de Açúcar-CDB PN (-9.57%); and Bradesco PN (-9.45%).




Other Indices
Among Bovespa’s indices, only INDX closed the month up (+2.7% at 7,398 points). The following indices closed February with a negative variation: IVBX-2 (-0.4% at 4,652 points), IGC (-1.1% at 5,235 points), IEE (-1.5% at 13,761 points), ITAG (-1.7% at 6,947 points), IBrX-100 (-2.6% at 14,313 points), IBrX-50 (-2.7% at 6,321 points), ITEL (-2.8% at 979 points) and ISE (-4.7% at 1,360 points).


Market Capitalization
In February, the market capitalization of BOVESPA-listed companies amounted to BRL 1.56 trillion or USD 738 billion.





Fixed Income
In February, 2 FIDC (Receivable Investment Funds) and 2 CRI (Real State Receivable Certificate) have started to trade on BOVESPA Fix and SOMA Fix Markets. The trading value of BOVESPA fixed income markets turned over BRL 15,815,122.03 or USD 7,551,956.20 (against BRL 58,124,812.68 or USD 27,143,785.01 totaled in previous month). Out of this total, BRL 697,462.40 or USD 335,030.75 referred to FIDCs, BRL 6,628,661.63 or USD 3,169,491.50 to CRIs (Real Estate Receivable Certificates) and BRL 8,488,998.00 or USD 4,047,433.96 to Corporate Bonds.




BOVESPA Popularization Campaign

Since September/2002, the popularization campaign “BOVESPA Where You Are” has stimulated the creation of 1,442 investment clubs. BOVESPA had a total of 1,696 clubs registered as of February 28. According to last data available (January/07), the investment clubs’ total assets amount to BRL 10 billion, with 134,143 investors.