Tuesday, July 31, 2007

Brazilian Stocks Climb on Commodity Demand, Profit Growth: Latin Equity

(Bloomberg) -- Brazil's main stock index rose, led
by materials companies, on speculation that global demand for
metals and oil will boost corporate profits.

The Bovespa Index of the most-traded stocks on the Sao Paulo
exchange headed for a fifth month of gains, rising 507.15, or 0.9
percent, to 55,079.76 as of 11:08 a.m. New York time.


Read more at Bloomberg Stocks News

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