(Bloomberg) -- Brazil's main index gained for the
second time in three days as confidence in company profits was
bolstered by a report the Chinese economy grew faster than expected
and an interest rate cut at home.
The Bovespa Index of the most-traded stocks on the Sao Paulo
exchange rose 568.11, or 1 percent, to a record 58,123.96. State-
controlled oil company Petroleo Brasileiro SA led the gains.
Read more at Bloomberg Stocks News
second time in three days as confidence in company profits was
bolstered by a report the Chinese economy grew faster than expected
and an interest rate cut at home.
The Bovespa Index of the most-traded stocks on the Sao Paulo
exchange rose 568.11, or 1 percent, to a record 58,123.96. State-
controlled oil company Petroleo Brasileiro SA led the gains.
Read more at Bloomberg Stocks News
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