Markets: Caracas

Key Facts

—Rally. The Bolsa de Valores de Caracas main index, the IBC, is up roughly 146% so far in 2026 in bolívar terms, one of the world’s steepest nominal equity gains.

—Level. The IBC closed near 5,138 points on 4 August 2026, after climbing from a year-start base of about 2,082 points.

—Correction. The rally has cooled from a peak; earlier in 2026 the year-to-date gain topped 250% before pullbacks in May and later months.