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0.47600001 EUR
0.02
4.03%
Last update Oct 24, 8:14 AM CEST
Market closed
Day range
0.47600001
0.47600001
Previous close
0.49599999
Open
0.47600001
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Companhia Brasileira de Distribuição ADR
0.48
0.02
4.03%

Overview

Description

Companhia Brasileira de Distribuição ADR represents American Depositary Receipts of a prominent Brazilian retail company, which operates under the brand name GPA. This financial instrument enables investors in the United States to gain exposure to the company, which is a key player in the Brazilian retail market. With a primary focus on food retailing, Companhia Brasileira de Distribuição operates a range of hypermarkets, supermarkets, and convenience stores predominantly across Brazil. The ADR allows U.S. investors to bypass some of the complexities involved in direct foreign stock investments. GPA is notable for its extensive distribution network and varied store formats, catering to diverse consumer needs across different socioeconomic segments. As a pivotal part of the Brazilian retail landscape, it plays a significant role in the economy, influencing supply chain logistics, food safety standards, and consumer trends. The ADR shares offer a way for international investors to participate in the growth of retail demand in one of the largest and dynamic markets in South America.

About

CEO
Mr. Marcelo Ribeiro Pimentel
Employees
0
Address
Avenida Brigadeiro Luiz Antonio, 3142
São Paulo, 01402-901, SP
Brazil
Phone
55 11 3886 0421
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Department Stores
Country
Germany
MIC code
XFRA
Market closed

Exchange is currently closed
Main market opens in 7 hours 59 minutes

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Trading Hours (Monday - Friday):

Main market
08:00 - 22:00
All times are displayed in the Europe/Berlin timezone (CET, UTC+01:00).