(Bloomberg) -- Latin stocks rose and headed for a fifth straight weekly gain, led by Brazil's Banco Bradesco SA, as a bidding war for ABN Amro Holding NV drove up prices for the region's banks.
The Morgan Stanley Capital International index of Latin American shares gained 1.7 percent to a record 3,384.07 as of 1:38 New York time. The index of 130 stocks gained 39.10 points, or 1.2 percent, today.
Read more at Bloomberg Stocks News
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