Monday, July 23, 2007

Brazil Stocks Gain, Led by Vale do Rio Doce, CSN; Grupo Mexico Advances

(Bloomberg) -- Brazil's main stock index rose for the
second time in three days, led by steel and mining companies, on
speculation that diversification will boost their profits.

The Bovespa Index of the most-traded stocks on the Sao Paulo
exchange added 379.38, or 0.7 percent, to 57,822.12 as of 1:11 p.m.
New York time. Cia. Vale do Rio Doce, the world's biggest iron-ore
producer, led the gains. Mexico's benchmark Bolsa index climbed
163.75, or 0.5 percent, to 32,086.37.


Read more at Bloomberg Emerging Markets News

No comments: