Smart Fit Joins Brazil’s Benchmark Ibovespa Stock Index

Brazil · Markets Key Facts —First-time inclusion Low-cost gym chain Smart Fit joined Brazil’s benchmark Ibovespa index for the first time since its 2021 IPO, effective May 5, 2025. —Index liquidity boost Being listed on the most-traded index typically attracts automatic investment from funds and ETFs, boosting a stock’s daily trading volume. —BTG’s buy thesis…