Índice Bursátil de Capitalización
main and most important index of Caracas Stock Exchange
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.
The index is calculated from 28 August 1997.
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.
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.
Begin with the source’s own compact description: “Índice Bursátil de Capitalización” is main and most important index of Caracas Stock Exchange. The dossier treats that line as a proposition to test through Índice, Bursátil and Capitalización, not as a finished interpretation.
Why this record matters
The phrase “main and most important index of Caracas Stock Exchange” supplies a clear boundary for inquiry. It also exposes the unanswered questions: who defined that boundary, when it became stable and which sources sit outside it.
Named sources, stable identifiers and responsible institutions provide the strongest route from overview to verifiable evidence. The source revision retrieved here is dated Jul 29, 2026. The linked authority identifier is Q15640913. None of the 0 selected statements returned an explicit reference. The first chronological checks are 1997, 2004, 1994 and 2008.
The absence of detail may reflect summary conventions rather than a lack of surviving documentation. The lead is largely declarative, so disagreement and counter-evidence require a deliberate search beyond the opening account. Authority statements aid reconciliation but still require their own references, qualifiers and ranks to be checked.
How to read it
Use the entry as an orientation point, then follow its citations and revision history. Names, dates and institutional relationships should be checked against the original record.
- Subject orientation
- Search vocabulary
- Locating named sources
The closest primary source, responsible institution and strongest cited specialist reference.
Three-step research path
- Establish the record: confirm the title “Índice Bursátil de Capitalización”, its source revision and the description used here.
- Expand the search: follow Índice Bursátil de Capitalización primary sources, Índice Bursátil de Capitalización archive and Índice research across catalogues and specialist indexes.
- Test the account: compare the strongest cited source with the responsible institution’s current record and note any disagreement.
Questions for further research
- Which source most directly establishes the central claim about “Índice Bursátil de Capitalización”?
- Which institution is responsible for the underlying evidence?
- Which cited source is closest to the event, object or claim?
Search terms from this dossier
This entry incorporates text from “Índice Bursátil de Capitalización” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.