Brazilian equities rose on upbeat national data

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Brazilian stocks climbed for the second consecutive session on Thursday after upbeat national data. Brazilian unemployment rate dropped to 5.3% last month, in line with market consensus. Moreover, hopes that borrowing costs will remain at record low after inflation slowed this month spurred rally of Brazilian equities. The Bovespa Index climbed 0.35% to close at 56,436.97. Six out of nine sectors within the index advanced. The top-gainers were health care as well as oil and gas sectors. Diagnosticos da America rose 1.17%, while Petroleo Brasileiro and OGX Petroleo e Gas Participacoes climbed 0.16% and 3.87%. Meanwhile, Banco Bradesco added 1.08% after creating a partnership with Claro for mobile payments. On the downside, utilities slumped 0.17%. Brazil plans to reduce electricity costs by 28% next year that would erase EBITDA for state-controlled electric companies. Centrais Eletricas Brasileiras dived 8.74% after the government offered only 14 billion reais as a compensation, compared to 30 billion reais the firm expected to get.
Back to articles

Actual Topics

Fri, 23 Nov 2012 10:03:02 GMT

Futures on European shares slightly advance

European equity futures slightly advanced as the Stoxx Europe 600 index is close to its biggest weekly advancement in nine months on speculation the U.S. and China are on their way to economic recovery, and prior to report on Germany's business confidence that probably fell this month. Euro Stoxx 50 Index added around 0.1% to 2,536, whereas FTSE 100 Index

Fri, 23 Nov 2012 10:24:10 GMT

Coffee dropped on abundant global supplies

Farm commodities were mixed over the last five trading days amid weak demand for US exports and rain forecasts in Brazil. Meanwhile, US markets were closed for on Thursday due to Thanksgiving Day holiday.Wheat posted a weekly decline on signs that demand for US supplies weakens. US farmers sold only 314,500 tonnes of wheat last week versus the USDA forecast

Subscribe to "Fundamental Analysis" feed

Suscribir
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre las opciones binarias de Dukascopy Bank / La plataforma de operaciones de Forex, SWFX y otra información relacionada con el Trading, por favor llámenos o solicite una devolución de llamada.
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información acerca de la plataforma de operaciones Crypto Trading / CFD / Forex, SWFX y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre Business Introducer y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.