Forjas Taurus SA (FJTA3) Is Yet to See Trading Action on Nov 15

November 15, 2017 - By Migdalia James

Shares of Forjas Taurus SA (BVMF:FJTA3) closed at 1.8 yesterday. Forjas Taurus SA currently has a total float of 46.45M shares and on average sees 2,947 shares exchange hands each day. The stock now has a 52-week low of 1.47 and high of 2.8.

BM&F Bovespa: A Powerful South American Stock Exchange

The Brazilian Mercantile and Futures (BM&F) Bovespa is one of the oldest stock exchanges in the world, serving as Brazil’s primary stock exchange since August 23, 1890. It had always been a public entity tightly overseen by the government until its privatization in 2007. As one of the biggest stock exchanges in the world, the BM&F Bovespa has global offices located in Shanghai, London, and New York City (NYC). Forjas Taurus SA and other companies are included in its lists.

Getting to Know the Brazilian Equity Market

The BM&F Bovespa had first adopted electronic trading in 1972. The Mega Bolsa, an optimized electronic trading system, had replaced the first one in 1997.

During the late 1970s, the BM&F Bovespa had also implemented the Private System of Telephone Trading, a new trading system that allows investors and brokers alike to conduct transactions via telephone calls.

In 1999, a convenient online trading system had finally been adopted with the launch of the Home Broker. Consequently, investors can buy and sell BM&F Bovespa stocks right from the comfort of their dwellings. It made easier the work of Forjas Taurus SA company there.

The pre-market trading on the BM&F Bovespa opens at 9:45 a.m. and closes at 10:00 a.m; the regular trading opens at 10:00 a.m. and closes at 5:30 p.m.; and the post-market trading opens at 6:00 p.m. and closes at 7:30 p.m. These long trading hours give international investors in particular the flexible opportunity to trade on the BM&F Bovespa wherever they are in the world. To sum it up, time zone differences cannot be potential sources of dilemma.

Meanwhile, the Ibovespa Brasil Sao Paulo Stock Exchange Index, the benchmark Brazilian index, had been formed in 1968 as the oldest index weighting the stocks listed on the BM&F Bovespa. Measuring the top 50 stocks listed on the BM&F Bovespa based on market capitalization, it is surely one of the most influential indices in the South American economy.

Reviewing of the components of the Ibovespa occur quarterly to drop those that had fallen short of competent representation and to add those that qualify for inclusion. For a stock to be eligible for inclusion, it must have been listed on the BM&F Bovespa for not less than 12 months and at least 80% of its shares must be actively traded.

By the Numbers

The biggest daily trading volume of nearly $15 billion on the BM&F Bovespa had been posted on August 17, 2011. Today, there are more than 450 stocks listed on it.

The Ibovespa had hit an all-time high of 73,516 points on May 20, 2008. The compelling performance during that time is mainly attributed to a positive inflation guidance by the government. A few days later on May 29, 2008, the Ibovespa had hit its all-time best intraday high of 73,920 points.

It is highly recommended for investors to bet on the growing Brazilian economy. The best way to do so is to trade on the BM&F Bovespa, one of the world’s fastest-growing stock exchanges. Investors may be also interested to check Forjas Taurus SA liquidity at the market.

More notable recent Forjas Taurus SA (BVMF:FJTA3) news were published by: which released: “Brazil’s Taurus confirms suspect 2013 arms deal destined for Yemen” on September 05, 2016, also with their article: “Taurus Reneging In $30M Faulty Gun Deal, Court Told” published on July 14, 2016, published: “The United States Court of Appeals for the Eleventh Federal Circuit Affirms …” on July 06, 2017. More interesting news about Forjas Taurus SA (BVMF:FJTA3) were released by: and their article: “Gunmaker Inks $30M Deal Over Hair Trigger, Safety Defects” published on May 18, 2015 as well as‘s news article titled: “Alabama man files lawsuit against gun maker Taurus; claims safety defect …” with publication date: November 13, 2015.

Forjas Taurus SA is a Brazil-based company primarily engaged in the production of short weapons. The company has market cap of $113.15 million. The Firm makes and distributes revolvers, civil and military pistols and ammunition, as well as custom metal pieces, such as motorcycle parts. It currently has negative earnings. Through its subsidiaries, the Company is also involved in the production of helmets for motorcyclists; goggles; ballistic vests; boring and milling machines; plastic injected products, such as waste containers, and tools for construction, mechanics and gardening.

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