(Bloomberg) -- Brazil's main stock index rose for the
third time in four days, boosted by a report that retail sales in
the U.S., Brazil's biggest trade partner, rose the most in a year
in May.
The Bovespa index of the most-traded stocks on the Sao Paulo
exchange rose 656.87, or 1.3 percent, to 52,454.01, bouncing back
from a 1.9 percent loss yesterday. Petroleo Brasileiro SA, the
state-controlled oil company, led the gain.
Read more at Bloomberg Stocks News
third time in four days, boosted by a report that retail sales in
the U.S., Brazil's biggest trade partner, rose the most in a year
in May.
The Bovespa index of the most-traded stocks on the Sao Paulo
exchange rose 656.87, or 1.3 percent, to 52,454.01, bouncing back
from a 1.9 percent loss yesterday. Petroleo Brasileiro SA, the
state-controlled oil company, led the gain.
Read more at Bloomberg Stocks News
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