The Ibovespa is the main stock market index in Brazil, representing the performance of the most traded stocks on the B3 exchange. It serves as a benchmark for investors to gauge the overall health of the Brazilian economy and stock market. The index is calculated based on the market capitalization and liquidity of its constituent companies. Composed of around 60 stocks, the Ibovespa includes major companies from various sectors, such as finance, energy, and consumer goods. It is updated frequently, reflecting real-time changes in stock prices, and is widely used by investors to make informed decisions about buying and selling shares in the Brazilian market.