Brazil Bovespa Rises to Record, Led by Vale, on Global Growth; ICA Gains

(Bloomberg) -- Brazil's main stock index rose to a
record, led by mining company Cia. Vale do Rio Doce, on speculation
growth in the U.S. and Asia will boost demand for the country's
commodity exports.

The Bovespa Index of the most-traded stocks on the Sao Paulo
exchange gained 513.93, or 0.9 percent, to 54,905.99 at 1:30 p.m.,
New York time. Mexico's Bolsa index advanced 68.15, or 0.2 percent,
to 31,219.20.


Read more at Bloomberg Stocks News