(Bloomberg) -- Brazil's stock market became the first
in Latin America to top $1 trillion after a record surge in
metals prices drove a doubling of corporate profits and a rising
currency boosted stock values.
Brazil's Bovespa Stock Index rallied 45 percent in the past
year and more than quadrupled since 2002, helped by record-low
interest rates and shares that cost a quarter as much relative to
earnings as the average this decade.
Read more at Bloomberg Stocks News
in Latin America to top $1 trillion after a record surge in
metals prices drove a doubling of corporate profits and a rising
currency boosted stock values.
Brazil's Bovespa Stock Index rallied 45 percent in the past
year and more than quadrupled since 2002, helped by record-low
interest rates and shares that cost a quarter as much relative to
earnings as the average this decade.
Read more at Bloomberg Stocks News
No comments:
Post a Comment