95% In flotations of issuers listed over the course of the two previous portfolio cycles, the new stocks are now accepted for early index membership Stocks that qualify as penny stocks are now ineligible for inclusion in the index Stocks which at any rebalancing classify by individual Tradability Ratio over a certain period, collectively account for over ninety percent (90%) of the sum total of such metric, are now removed from the index The criteria pursuant to which a constituent stock which is suspended from trading retains index membership or is removed from the index have been made clear A limit was introduced in terms of the maximum relative weight of a company’s total contribution to the index. Adjustments The index has been adjusted as follows, most of the adjustments occurred during the time Brazil experienced high rates of inflation during the 1980s and early 1990s: division by 100, on 3 October 1983 division by 10, on 2 December 1985 division by 10, on 29 August 1988 division by 10, on 14 April 1989 division by 10, on 12 January 1990 division by 10, on 28 May 1991 division by 10, on 21 January 1992 division by 10, on 26 January 1993 division by 10, on 27 August 1993 division by 10, on 10 February 1994 division by 10, on 3 March 1997 Record values Annual returns The following table shows the annual development of the Índice Bovespa since 1998. For a list of the components of the index, check the article List of companies listed on Ibovespa. See also B3 List of companies listed on Ibovespa Share Price of Índice Bovespa References External links Bloomberg page for IBOV:IND Bovespa Index Summary for BR-SP BOVESPA IND - Yahoo! Finance Top Companies in Brazil Companies Composition Ibovespa Bovespa