(Bloomberg) -- Brazil's main stock index gained for a second day, rising to a record, led by the world's biggest iron-ore and nickel producer, Cia. Vale do Rio Doce.
The Bovespa Index of the most-traded stocks on the Sao Paulo exchange rose 622.46, or 1.3 percent, to 49384.59 as of 9:40 a.m. New York time, surpassing the previous record close April 16.
Read more at Bloomberg Stocks News
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