Índice Bursátil de Capitalización

Índice Bursátil de Capitalización (IBC), also known as the General Index, is the main and most important index of Caracas Stock Exchange. It lists the 11 largest companies by capitalization and liquidity of the Venezuelan Stock Market.[1]

The index is calculated from 28 August 1997.[2]

History

When the index was launched on 28 August 1997, it comprised 15 companies: Cantv, Fondo de Valores Inmobiliarios, H.L. Boulton, Corimon, Manpa, Mercantil Servicios Financieros, Electricidad de Caracas, Banco Provincial, Venepal, Mantex, Sudamtex, Sivensa, Vencemos, Mavesa, and Banco Venezolano de Crédito.[3]

Mavesa is now a subsidiary of Empresas Polar. The Uruguayan-owned textile company Sudamtex closed down. Venepal declared bankruptcy in 2004, and was subsequently nationalised, becoming "invepal".[4] Cement company Vencemos, taken over by the Mexican Cemex in 1994, was nationalised in 2008, becoming Cementos Venezuela.

Annual Returns

The following table shows the annual development of the General Index since 2001.[5]

Year Closing level Change in Index
in Points		 Change in Index
in %
2000 6.67
2001 6.57 −0.10 −1.50
2002 8.02 1.45 22.07
2003 22.20 14.18 176.81
2004 29.95 7.75 34.91
2005 20.39 -9.56 -31.92
2006 52.23 31.84 156.15
2007 37.90 −14.33 −27.44
2008 35.09 −2.81 −7.41
2009 55.08 19.99 56.97
2010 65.34 10.26 18.63
2011 117.04 51.70 79.12
2012 471.44 354.40 302.80
2013 2,736.58 2,265.14 480.47
2014 3,858.74 1,122.16 41.01
2015 14,588.25 10,729.51 278.06
2016 31,705.22 17,116.97 117.33
2017 1,263.14 −30,442.10 −96.02
2018 1,605.26 342.12 27.08

Current composition
gollark: If I was better at hardware things and actually had money for an FPGA it would be cool to run SHA256 on it and probably beat all the foolish people with nondedicated hardware.
gollark: Which is already quite low because Krist gives blocks quite fast and there aren't many miners.
gollark: Mining pools don't give random people more money, they just reduce the variance.
gollark: It runs on a proof of work thing too I am pretty sure.
gollark: If it was 51% of nodes, people could just run 19471248916249812648126182618256125871875819201279857120581 nodes on one computer and explode everything.

References
  1. Caracas Stock Exchange, Composition
  2. (in Spanish) Caracas Stock Exchange, Indices
  3. (in Spanish) El Universal, 28 August 1997, La Bolsa bate récord y anuncia nuevo índice
  4. Venezuelanalysis.com, 20 January 2005, Venezuela's Venepal Under Workers Control After Bankruptcy and Expropriation
  5. "IBC General Index (Venezuela) Yearly Stock Returns". www.1stock1.com. Retrieved 2020-01-20.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.