Even though the Brazilian stock exchange, BM&FBovespa, ranks by market capitalisation among the top exchanges in the world, it is still lagging way behind its full potential.
Currently, there are only 470 companies listed from a country with the world’s seventh largest gross domestic product. In contrast the UK, with a similar-sized economy, has about 3000 companies listed on the London Stock Exchange's main and alternative investment markets. Attempts by Brazil to set up a small cap market – Bovespa Mais – have so far attracted only one listing, agricultural inputs manufacturer Nutriplant.
