Brazil's Bovespa up 2.3 pct to highest 2009 level
SAO PAULO, July 30 |
SAO PAULO, July 30 (Reuters) - Brazil's benchmark stock index jumped in mid-afternoon trade on Thursday to its highest level so far in 2009 as a surge in oil and metals prices stoked bellwether shares Vale and Petrobras.
The Bovespa index .BVSP of the Sao Paulo stock exchange rose 2.3 percent to 54,978.63, passing a previous intra-day high set on June 2.
State-controlled energy giant Petrobras (PETR4.SA) rose 2.33 percent, tracking a surge of more than 5 percent in crude prices, while mining company Vale (VALE5.SA) was up 2.1 percent as prices of copper and other industrial metals gained steam.
(Reporting by Elzio Barreto and Luciana Lopez)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints



Follow Reuters