Brazilian stocks rally on rising optimism about the U.S. and Chinese economies

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Brazilian stocks advanced, heading for their one week high, as Brazilian producers rallied on a surge in commodities. The optimism among investors has been raised on speculation the U.S. and Japanese bankers will take more measures to spur the economic growth. The Bovespa index climbed 0.6% to 61,877.20, mainly led by gains in the oil and gas shares. Only three out of nine sectors edged higher. OGX Petroleo & Gas Participacoes SA, the Brazilian oil company owned by billionaire Eike Batista, advanced 3.61%, the most in the benchmark index, and added to the rise in the gauge. Furthermore, Gol Linhas Areas Inteligentes, an airline company providing domestic flights in Brazil, soared 3.5%, capping gains in the consumer services sector that was 0.96% down. Centrais Electricas Brasileiras rallied 3.5%, contributing to a 0.3% increase in the utilities group. Meanwhile, Cia de Transmissao de Energia EletricaPaulista shrank the most in the gauge by 3.2% and bounded a further increase in utilities shares.

Back to articles

Actual Topics

Mon, 14 Jan 2013 16:32:23 GMT

UK stocks slightly drop as U.S.central banker suggests further monetary stimulus

UK shares stayed flat, as U.S. central banker suggested to continue taking monetary stimulus measures to boost the nation's economy. The latter offset shrinking business confidence in December. The FTSE 100 index erased 0.1%, or 3.76 points, to 6,117.82. All but three sectors contracted in the gauge. Schroders gained 2.8%, the most in the index, leading gains in the financial

Mon, 14 Jan 2013 13:45:04 GMT

Hong Kong shares advance on improving Chinese economy

Hong Kong shares rose, as mainland stocks rallied after a regulator announced China could increase by ten times the quotas for foreign investment. Hong Kong stocks are mainly advancing on gradually improving Chinese economy. The Hang Seng index erased its losses in the last week and climbed 0.7% to 23,418.15. However, only four out of nine sectors in the gauge

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.