According to estimates by strategist Carlos Sequeira of BTG Pactual Group, shares of real estate company Brasil Properties SA will likely be included in the benchmark Bovespa stock index, with a 0.7 percent weighting. In a Monday client note, BTG Pactual said BM&FBovespa SA, which owns the index, will announce the first preview of its May-August 2013 indices.
In addition, Sequeira and his team said that shares in oil and gas producer OGX Petróleo e Gas Participações SA are likely to gain weight again - by 2.2 percentage points - in the index for the upcoming preview. OGX will likely have a 5 percent weighting in the Bovespa, compared with the current 2.8 percent stake.
On a sector basis, oil & gas, mining, and steel shares should win more space in the Bovespa at the expense of banks - which look set for a reduction in their stake by an aggregate 1.9 percentage points, primarily due to a reduction of 0.7 point in the stake of Itaú Unibanco Holding SA and of 0.6 point in that for Banco do Brasil SA.