Ticker	Volume	Price	Price Delta
DJIA	15,179.80	+109.67	0.73%
S&P 500	1,639.04	+12.31	0.76%
Nasdaq	3,452.13	+28.58	0.83%

Ticker

Volume

Price

Price Delta

DJIA

15,179.80

+109.67

0.73%

S&P 500

1,639.04

+12.31

0.76%

Nasdaq

3,452.13

+28.58

0.83%

Ticker	Volume	Price	Price Delta
STOXX 50	2,702.69	+35.37	1.33%
FTSE 100	6,330.49	+22.23	0.35%
DAX	8,215.73	+87.77	1.08%

Ticker

Volume

Price

Price Delta

STOXX 50

2,702.69

+35.37

1.33%

FTSE 100

6,330.49

+22.23

0.35%

DAX

8,215.73

+87.77

1.08%

Ticker	Volume	Price	Price Delta
Nikkei	12,992.30	-40.77	-0.31%
Hang Seng	21,135.30	-90.57	-0.43%
S&P/ASX 200	4,813.40	-12.48	-0.26%

Ticker

Volume

Price

Price Delta

Nikkei

12,992.30

-40.77

-0.31%

Hang Seng

21,135.30

-90.57

-0.43%

S&P/ASX 200

4,813.40

-12.48

-0.26%

BM&FBovespa Plans Second Exchange-Traded Fund for Bovespa Index

By Ney Hayashi - 2012-03-27T16:29:34Z

BM&FBovespa SA (BVMF3), the operator of Latin America’s biggest securities exchange, started a bidding process to select the manager of a second exchange-traded fund that tracks Brazil’s benchmark equity index.

The exchange wants to “increase the diversity of products offered to the market” with the new ETF tracking its main stock gauge, BM&FBovespa said in a statement on its website.

There are 12 ETFs trading on the exchange. Only one, BlackRock Inc.’s iShares Ibovespa Fundo de Indice, tracks the Bovespa index.

Trading in ETFs on the Sao Paulo exchange totaled 2.18 billion reais ($1.2 billion) in February, or 1.5 percent of all stock trading volume, according to data from BM&FBovespa. Trading on the iShares Ibovespa totaled 2 billion reais last month.

BM&FBovespa will announce the winning bidder on May 7, the exchange said in the statement.

To contact the reporter on this story: Ney Hayashi in Sao Paulo at ncruz4@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos in New York at papadopoulos@bloomberg.net

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