Showing posts with label The Bovespa Index. Show all posts
Showing posts with label The Bovespa Index. Show all posts

Thursday, July 26, 2007

Brazil's Bovespa Tumbles on Rate, Credit Concerns: Latin American Stocks

(Bloomberg) -- Brazilian stocks fell the most in five
months, led by commodity producers and banks, after the central
bank signaled it may slow the pace of interest rate cuts, curbing
economic growth.

The Bovespa Index of the most-traded stocks on the Sao Paulo
exchange fell 2,263.76, or 4 percent, to 53,737.54 at 1:02 p.m. New
York time, the steepest drop since Feb. 27. The slide was part of a
global equities rout spurred by credit quality concerns in the U.S.
The Morgan Stanley Capital International index of Latin American
shares fell 4.1 percent.


Read more at Bloomberg Stocks News

Tuesday, July 24, 2007

CSN, Gol, MMX, Tam, Petrobras and Vale do Rio Doce: Brazil Equity Movers

(Bloomberg) -- Brazil's main stock index fell for the
second time in three days, led by state-controlled oil company
Petroleo Brasileiro SA.

The Bovespa Index of the most-traded stocks on the Sao Paulo
exchange dropped 616.93, or 1.1 percent, to 57,419.84 as of 9:37
a.m. New York time.


Read more at Bloomberg Stocks News

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

Wednesday, July 18, 2007

Brazil Stocks Fall, Led by Tam and Gol, After Nation's Worst Air Disaster

(Bloomberg) -- Brazil's main stock index fell, led by
the country's biggest airlines, after a crash at the Sao Paulo's
city airport that killed as many as 200 people.

The Bovespa Index of the most-traded stocks on the Sao Paulo
exchange fell 511.60, or 0.9 percent, to 57,148.05 as of 9:33 a.m.
New York time.


Read more at Bloomberg Stocks News

Tuesday, July 17, 2007

Abyara, BR Malls, Porto Seguro, Petroleo Brasileiro: Brazil Equity Movers

(Bloomberg) -- Brazil's main stock index rose for the
fourth time in five days, led by state-controlled oil company
Petroleo Brasileiro SA.

The Bovespa Index of the most-traded stocks on the Sao Paulo
exchange rose 272.66, or 0.5 percent, to 57,647.06 as of 9:42 a.m.
New York time.


Read more at Bloomberg Stocks News