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STXNEWS LATAM-Brazil stocks rebound from three-day slide
January 9, 2013 / 12:15 PM / 5 years ago

STXNEWS LATAM-Brazil stocks rebound from three-day slide

Brazilian stocks rose on Wednesday as bargain hunters picked up shares of commodity exporters and steelmakers following three straight sessions of losses.

Among stocks rising in Sao Paulo were state-controlled oil company Petroleo Brasileiro SA and giant mining company Vale SA.

The benchmark Bovespa stock index gained 0.18 percent to 61,237.52 shortly after opening.

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