Índice Bursátil de Capitalización (IBC), also known as the General Index, is the main and most important index of Caracas Stock Exchange. It lists the 11 largest companies by capitalization and liquidity of the Venezuelan Stock Market.Caracas Stock Exchange, Composition
The index is calculated from 28 August 1997. Caracas Stock Exchange, Indices
History When the index was launched on 28 August 1997, it comprised 15 companies: Cantv, Fondo de Valores Inmobiliarios, H.L. Boulton, Corimon, Manpa, Mercantil Servicios Financieros, Electricidad de Caracas, Banco Provincial, Venepal, Mantex, Sudamtex, Sivensa, Vencemos, Mavesa, and Banco Venezolano de Crédito. El Universal, 28 August 1997, La Bolsa bate récord y anuncia nuevo índice
Mavesa is now a subsidiary of Empresas Polar. The Uruguayan-owned textile company Sudamtex closed down. Venepal declared bankruptcy in 2004, and was subsequently nationalised, becoming "invepal". Cement company Vencemos, taken over by the Mexican Cemex in 1994, was nationalised in 2008, becoming Cementos Venezuela.
Inflation in Venezuela has caused the value of the index to be adjusted five times since 2014, all involving dividing the index by 1000: on 2 January 2014, on 9 October 2017, on 6 November 2018, on 22 March 2021, and on 28 July 2025.
Annual returns The following table shows the annual development of the General Index since 2001. YearClosing levelChange in Indexin PointsChange in Indexin %20006.6720016.57−0.10−1.5020028.021.4522.07200322.2014.18176.81200429.957.7534.91200520.39 -9.56 -31.92200652.2331.84156.15200737.90−14.33−27.44200835.09−2.81−7.41200955.0819.9956.97201065.3410.2618.632011117.0451.7079.122012471.44354.40302.8020132,736.582,265.14480.4720143,858.741,122.1641.01201514,588.2510,729.51278.06201631,705.2217,116.97117.3320171,263.14−30,442.10−96.0220181,605.26342.1227.08
Current composition
References
External links Bloomberg page for IBVC:IND