Brazil's Bovespa index jumps 3 pct to record high, up 40%YTD

Discussion in 'Trading' started by S2007S, Oct 1, 2007.

  1. S2007S

    S2007S

    Amazing, keep buying.....Should go to 75,000 by end of 2007.




    Brazil's Bovespa index jumps 3 pct to record high
    Mon Oct 1, 2007 2:56pm EDT


    SAO PAULO, Oct 1 (Reuters) - Brazil's benchmark stock index surged 3 percent on Monday to a record on increased investment inflows and as global markets rallied.

    The Bovespa (.BVSP: Quote, Profile, Research) index of the Sao Paulo stock exchange rose to 62,284 points from Friday's close of 60,465.06. The index, which has reached successive records the past week, has jumped nearly 40 percent in 2007.
     
  2. I had a 20% drawdown on this during the summer selloff.