Thursday, June 21, 2007

Brazil's Bovespa Gains, Led by Petrobras: Telmex Declines on Mexico Bolsa

(Bloomberg) -- Brazil's main stock index gained for
the first time in three days, led by Petroleo Brasileiro SA, on
speculation that profit will rise at the state-controlled oil
company after crude prices increased.

The Bovespa Index of the most-traded stocks on the Sao Paulo
exchange rose 627.64, or 1.2 percent, to 54,656.88. Petrobras added
51 centavos, or 1 percent, to 51.30 reais. Mexico's Bolsa index
gained 280.08, or 0.9 percent, to 31,830.84.


Read more at Bloomberg Stocks News

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